12703 N 15TH STREET

Description

12703 N 15th St is a unique opportunity to own a stabilized 8 unit multi-family apartment complex in the rapidly growing university area of Tampa with substantial room for growth. With great proximity to USF, 12703 N 15th St is less than 1 miles from Universities Urban Core.

Ownership spent over 200k in CapEx including new roofs, exterior paint, landscaping, paved parking lot, separate water meters shared grass area. Interior renovations include new luxury vinyl flooring, white shaker cabinets, quartz countertops, stainless steel appliances and in-unit laundry.

New owner has the ability to recapture an average of $263/month per unit – increasing the the total rent roll by $25,248

Enjoy a strong cashflow right from the start and let the property appreciate.