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INVESTMENT HIGHLIGHTS
- Attractive mix of one and two-bedroom units, featuring 40 townhomes with an average of 968 SF.
- Tampa Bay ranks #2 in the nation for home value appreciation over the last decade (175%) and posted a 3.6% Y-o-Y increase in asking rent growth.
- Average household income exceeds $104,000 within a 5-mile radius with projections indicating nearly 20% growth by 2029.
- Significant value-add potential by renovating the remaining 59 units with additional upside driven by mark-to-market increases on renovated units.
- Surrounded by major employment and entertainment centers.
- Excellent connectivity to downtown Tampa and access to more than 435,000 jobs within a 35-minute commute.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Building Class | B |
| No. Units | 184 | Lot Size | 11.89 AC |
| Property Type | Multifamily | Building Size | 178,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Zoning | RMC-20 - Residential Multi Family | ||
| Sale Type | Investment |
| No. Units | 184 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 11.89 AC |
| Building Size | 178,200 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Zoning | RMC-20 - Residential Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Sunroom
- Views
- Walk-In Closets
- Carpet
- Yard
- Handrails
- Patio
- Trash Compactor
- Vinyl Flooring
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Tennis Court
- Breakfast/Coffee Concierge
- Car Wash Area
- Grill
- Pet Play Area
- Renters Insurance Program
- Storage Space
- Maintenance on site
- Online Services
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 800 |
| 2+1 | 120 | - | 925 - 1,025 |
| 2+1.5 | 40 | - | 1,000 |
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Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | U-27-29-20-9BO-000000-C0000.0 | Improvements Assessment | $0 |
| Land Assessment | $100 | Total Assessment | $100 |
PROPERTY TAXES
Parcel Number
U-27-29-20-9BO-000000-C0000.0
Land Assessment
$100
Improvements Assessment
$0
Total Assessment
$100
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The Easton | 804 Fairmaiden Ln
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