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Apartment Tampa (United States)by annonceur international
Apartment / penthouse purchase in Town 'n' Country (United States) - Aerial view of residential houses and greenery
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ApartmentTampa (United States)
Price :
$4,052,000
($2,386 / m²)
Surface1,698 m²land0.7 ha

Why this property will seduce you

  • Strategic Location: Proximity to airport and major expressways.
  • Rental Potential: Current rents exceeding market average.
  • Optimized Infrastructure: Individually metered electricity per unit.
A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside - not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1,250 against a $1,144 average, and every point of that spread closes with routine turnover and light unit-level work - flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4,052,000 - $119,176 per unit - against a 6.5% cap rate on 2026 annualized NOI of $263,384. Low density, low deferred maintenance, and a rent roll with room to run.
Advertiser reference : 120605422Le Figaro Properties reference : 109418443

Its assets

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  • Near Airport

In detail

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Apartment Tampa (United States)

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Apartment / penthouse purchase in Town 'n' Country (United States) - Aerial view of residential houses and greenery
Aerial view of residential development and cityscape in this luxury apartment / penthouse for sale in Town 'n' Country ($4,052,000 - 1,698 m²)
white residential building with blue - Prestige apartment / penthouse for sale in Town 'n' Country
Luxury apartment / penthouse for sale in Town 'n' Country (United States)
Apartment - photo 5View the 23 photos

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner to respond to your contact request by phone, email or SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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