We are proud to represent for sale 8413 N. Hamner Ave, Tampa, FL 33610 (the "Property"). This stabilized 10 unit multifamily property offers immediate income in central Tampa. The asset generates an in place NOI of $83,099, equating to a 7.07 CAP rate. Unit Mix: (1) Two bedroom / one bath main home (includes whole house water filtration system) (1) One bedroom / one bath attached to main home (8) Studios each with a private kitchen and bathroom. Key Property Features: All but one unit updated providing a near turnkey investment. Fully occupied with diverse tenant base. Combination of metal and shingle roofs, plus a mix of central air, mini split systems, and wall/window units. Leak detection systems throughout units for risk mitigation. Consistent rental demand in central Tampa location. Future income potential by adding on site coin laundry and annual rent appreciation. The propertys strength lies in its majority studio unit mix, which caters directly to Tampas growing demand for affordable, efficient housing. With updated interiors, durable building systems, and proven income performance, this asset provides investors with immediate cash flow and long term stability in a high demand rental market.
We are proud to represent for sale 8413 N. Hamner Ave, Tampa, FL 33610 (the "Property"). This stabilized 10 unit multifamily property offers immediate income in central Tampa. The asset generates an in place NOI of $83,099, equating to a 7.07 CAP rate. Unit Mix: (1) Two bedroom / one bath main home (includes whole house water filtration system) (1) One bedroom / one bath attached to main home (8) Studios each with a private kitchen and bathroom. Key Property Features: All but one unit updated providing a near turnkey investment. Fully occupied with diverse tenant base. Combination of metal and shingle roofs, plus a mix of central air, mini split systems, and wall/window units. Leak detection systems throughout units for risk mitigation. Consistent rental demand in central Tampa location. Future income potential by adding on site coin laundry and annual rent appreciation. The propertys strength lies in its majority studio unit mix, which caters directly to Tampas growing demand for affordable, efficient housing. With updated interiors, durable building systems, and proven income performance, this asset provides investors with immediate cash flow and long term stability in a high demand rental market.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 3309.00
Roof: Metal
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Parking Spaces - 6 to 12
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air, Ductless, Wall/Window Unit(s)
Heating: Central, Ductless
Road Frontage Type: City Street
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 83099.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: CASA LOMA SUBDIVISION LOTS 33 34 35 AND 36 BLOCK 3
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