10 Unit Multi-Family Investment Property 8413 N Hamner Ave 10 Unit Apartment Building $995,000 ($99,500/Unit) 8.35% Cap Rate Tampa, FL 33604

KW Commercial Tampa Properties is pleased to present 8413 N. Hamner Ave, Tampa, FL 33610 (the “Property”), a 10-unit multifamily investment offering immediate income with the opportunity for operational and rental growth.
The asset currently produces an in-place NOI of $83,099 and is fully occupied. The property benefits from consistent collections and a diverse tenant base, while still allowing a new owner the ability to gradually optimize operations and increase income over time.
Unit Mix
• (1) Two-bedroom / one-bath main home (includes whole-house water filtration system)
• (1) One-bedroom / one-bath attached unit
• (8) Studio units — each with private kitchen and bathroom
Investment Highlights
• High occupancy with proven rental demand in central Tampa
• Majority of units updated, limiting near-term renovation risk
• Multiple building systems including metal and shingle roofs and a combination of central air, mini-splits, and wall units
• Leak detection systems installed throughout units for operational risk mitigation
• Ability to improve income through management efficiencies, rent alignment over time, and additional ancillary income (e.g., on-site laundry)
The studio-heavy configuration serves Tampa’s workforce housing demand and has historically maintained strong occupancy. For investors seeking a property with current cash flow and a clear path to incremental NOI growth rather than a heavy renovation project, the Property provides a balanced entry into the Tampa multifamily market.