58680 sqft | 2.50 acres | #TB8308799
Description
This building is 116 unit hotel/apartment complex: building is two-story concrete block/brick: second floor is concrete: each unit is 300 ft.² MOL efficiency apartments: new roof in 2024: building is being totally remodeled and has land to build on an additional 100 units MOL: you can rent these units by the day, week, month, or year: if you rent by the week at $350 per unit proforma income is $2,111,200 with the expenses at $844,480 and your net income will be $1,266,720
Property Details
- Lot DescriptionCity Limits, Level, Sidewalk, Paved
- SubdivisionHENDRY & KNIGHTS MAP OF SPA
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- CountyHillsborough
- Property SubtypeMulti-Family
- Original List Price$9,000,000
- MLS #TB8308799
- MLS #TB8308799
- Property ConditionCompleted
- Exterior MaterialsSidewalk
- Taxes Annual$29,183
- Cost9000000
- Utility SourcePublic
- Utility FeaturesPublic
- InteriorOther
- Square Feet58680
- Year Built1974
- FoundationSlab
- Acres2.5
- Days on Market (Cumulative)93
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Peter Rundel
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Frank Leto (#MFR261502041)
Listing Office: GREAT AMERICAN REALTY (#MFR614800)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
