8741 Grove Ter | Tampa, FL 33617
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- LoopNet Team
8741 Grove Ter
Tampa, FL 33617
Grove at Temple Terrace · Multifamily Property For Sale
·
180 Units
INVESTMENT HIGHLIGHTS
- Excellent Class “B” 180-unit Apartment Community in a Highly Sought-After Submarket of Tampa Bay in Temple Terrace, FL
- Unrivaled Floorplans for the Submarket
- Significant Population Growth with Limited New Supply
- Substantial Upside Through Value-Add Enhancements and Recapturing the Current Loss-to-Lease
- Tampa Bay is Seeing Unprecedented Rent Growth
- Unmatched Access to Retail and Entertainment
PROPERTY FACTS
| No. Units | 180 | Lot Size | 9.14 AC |
| Property Type | Multifamily | Building Size | 198,700 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1974/2015 |
| Building Class | C | ||
| Zoning | RMF - Residential Multi Family | ||
| No. Units | 180 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.14 AC |
| Building Size | 198,700 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2015 |
| Zoning | RMF - Residential Multi Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Heating
- High Speed Internet Access
- Refrigerator
SITE AMENITIES
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Tennis Court
- Gated
- Grill
- Pet Play Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 58 | - | 950 |
| 2+2 | 122 | - | 1,150 - 1,300 |
PROPERTY TAXES
| Parcel Number | T-22-28-19-440-000000-00042.1 | Improvements Assessment | $20,868,500 |
| Land Assessment | $1,440,000 | Total Assessment | $22,308,500 |
PROPERTY TAXES
Parcel Number
T-22-28-19-440-000000-00042.1
Land Assessment
$1,440,000
Improvements Assessment
$20,868,500
Total Assessment
$22,308,500
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