8870 W Waters Ave | Tampa, FL 33615
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- LoopNet Team
8870 W Waters Ave
Tampa, FL 33615
Citrus Run Apartments · Multifamily Property For Sale
·
72 Units
Investment Highlights
- 8870 W Waters Avenue presents the Citrus Run Apartments, a stabilized multifamily investment opportunity under LOI.
- Competitive and abundant amenity set at each community with a clubhouse, swimming pool, fitness center, and washer/dryers in all units.
- Attractive value-add opportunity to renovate 100% of the units and achieve rent premiums of over $200/unit.
- Strong performance with less than 10% effective vacancy, positive revenue growth and little concessions.
Property Facts
| No. Units | 72 | Lot Size | 7.06 AC |
| Property Type | Multifamily | Building Size | 66,323 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 2015/2018 |
| Zoning | RMC-12 - Residential multi family | ||
| No. Units | 72 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 7.06 AC |
| Building Size | 66,323 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 2015/2018 |
| Zoning | RMC-12 - Residential multi family |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Picnic Area
- Pool
- Gated
- Grill
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 42 | - | 937 |
| 2+2 | 30 | - | 1,250 |
Property Taxes
| Parcel Number | U-27-28-17-97G-000000-00001.0 | Improvements Assessment | $7,674,000 |
| Land Assessment | $100 | Total Assessment | $7,674,100 |
Property Taxes
Parcel Number
U-27-28-17-97G-000000-00001.0
Land Assessment
$100
Improvements Assessment
$7,674,000
Total Assessment
$7,674,100
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