1
  • Property Type
  • Multi Family, Residential Income
  • 29378 Sqft
  • Area Size

, Thonotosassa, FL 33592

  • $10,000,000

Description

Now available is a rare and professionally managed multifamily portfolio consisting of 44 rental units spread across 22 separate buildings, along with a two-story single-family home currently used as an on-site office and maintenance storage facility, complete with a two-car garage. The unit mix includes 33 two-bedroom, one-bath units; 10 one-bedroom, one-bath units; and one two-story residence currently functioning as the property management hub. The portfolio features a variety of HVAC systems, including central heating and air, wall units, and mini-splits, offering flexibility and cost-effective maintenance options. The grounds are meticulously maintained with manicured landscaping and professionally trimmed trees, contributing to tenant satisfaction and curb appeal. Two on-site coin-operated laundry facilities serve the tenant base—already equipped with brand-new washers and dryers adding further convenience and income potential. The buildings sits on Large and smaller tax folios, providing flexible financing options and the ability to utilize conventional residential loans on smaller parcels. Located within a federally designated Opportunity Zone, this asset presents a significant tax-advantaged investment opportunity for qualified buyers. Current market rents, supported by documentation, average $1,686 ea month for one-bedroom units and $1,978 ea month for two-bedroom units. In addition to stable cash flow from rental income, laundry operations there is the potential for increased revenue through future rent adjustments as leases come up for renewal. Whether you’re a seasoned investor or seeking to take advantage of Opportunity Zone incentives, this high-performing, income-generating asset offers both immediate income and long-term appreciation potential. 29,373 Sq Ft Total 26,446 Heated Sq Ft Total, 151,098 Sq Ft land, 6.57% CAP Rate with current rents, 8.3% CAP Rate with the Fair Market Value increased rent (Documentation can be provided)

  • Address:
  • City: Thonotosassa
  • State/county: FL
  • Zip/Postal Code: 33592
  • Country: US

Details

Atualizado em agosto 4, 2025 no 10:26 pm
  • Property ID TB8396729
  • Price $10,000,000
  • Property Size 29378 m²
  • Land Area 0.31 m²
  • Garage Size x x
  • Year Built 1972
  • Property Type Multi Family, Residential Income
  • Property Status Withdrawn, For Sale

Additional details

  • Roof Shingle
  • Utilities Cable Available,Electricity Available,Sewer Connected,Water Connected
  • Sewer Septic Tank
  • Cooling Central Air,Wall/Window Unit(s)
  • Heating Central,Other,Ductless
  • County Hillsborough
  • Property Type Residential Income

Features

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