Photo 1 of 1
$232,500
Sold on 2/01/18
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
899 |
$570 |
1975 |
On the market:
87 days
|
View full details, 15 photos, school info, and price history
Package of four hassle-free turnkey 2/1 condos in the gated community of Renaissance Villas near USF in Tampa. Low HOA fees of $236/mo per unit includes all exterior maintenance, roof, pool, and water/sewer/garbage. No assessments pending. Each unit is a 2/1 with 899 sq ft of living space. Units are not adjoining, but are within a block of each other. The three second-floor units have balconies. One ground floor unit boasts a small backyard. All units occupied by same tenants since 2015/2016, with lease terms as follows:
324 Oak Rose #202: Rented for $840/mo. Same reliable tenant since 10/2015. Month to Month. 
305 Oak Rose #201: Rented for $800/mo. Same reliable tenant since 10/2016. Lease expires 9/30/18. 
203 Pine Violet #201: Rented for $840/mo. Same reliable tenant since 11/2016. Lease expires 10/31/18. 
12406 Orange Blossom Oak #101: Rented for $895/mo. Same reliable tenants since 11/2015. Lease expires 10/31/18. 
Listing agent has been managing properties for entirety of above leases with near zero vacancy. Seller is a CPA with immaculate financial records. Overall package boasts a true 8.5% cap rate at asking price including all actual expenses (see MLS attachments)! Won't last long. Property management available if desired.
Listing courtesy of Jeff Copeland, COPELAND MORGAN LLC