Description

This fantastic investment opportunity has a 7.1 cap rate and significant potential for improvements and increased income. It consists of eight duplexes situated in the desirable Ybor City area, just a block from the historic Ybor City area, which offers shopping, restaurants, and entertainment. Thus, it is a sought-after location for quality tenants. Five units have been fully remodeled, each equipped with three mini-split air conditioning units and in-unit washer and dryer facilities. One unit has been partially remodeled, another has had mini-split air conditioners added, and one unit has not been remodeled because the tenant opted to stay and pay lower rent, using their own window units for cooling.