7802-7806 Colonial Club Ct | Riverview, FL 33578
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7802-7806 Colonial Club Ct
Riverview, FL 33578
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- 92% of units fully renovated - stainless steel appliances, granite countertops and luxury vinyl plank flooring
- 100% occupied at below market lease rates
- Property located within 15 minutes of downtown Tampa
- 1982 concrete block construction
- Significant upside potential with a 12% increase in Effective Gross Income possible by end of year one
- Opportunity to convert to Ratio Utility Billing System (RUBS) to drastically reduce water/sewer expenses
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.68 AC |
| Property Type | Multifamily | Building Size | 9,408 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1982/2021 |
| Zoning | RMC-16 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 9,408 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2021 |
| Zoning | RMC-16 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $947,405 | |
| Land Assessment | $159,802 | Total Assessment | $1,107,207 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$159,802
Improvements Assessment
$947,405
Total Assessment
$1,107,207
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