104 S Armenia Ave | Hyde Park
Category
$3,200,000
INVESTMENT HIGHLIGHTS
- 16 Unit Multifamily Community in Highly Desirable South Tampa Location
- Excellent Value-Add Opportunity with Rents Significantly Below Market
- Centrally Located in the Heart of South Tampa, Situated Between Downtown Tampa and Westshore Business District
- Well-Maintained Building with Historic 1920s-era Charm and Recent Capital Improvements
- Strong Demographics in 33609 Zip Code: Median Home Value Over $820K (Zillow); Average Household Income Over $137K (Regis)
- Conveniently Walkable to SoHo Entertainment District and Hyde Park Village, with a Variety of High-End Shopping, Restaurants, and Bars
EXECUTIVE SUMMARY
**** UNDER CONTRACT ****
PROPERTY FACTS UNDER CONTRACT
| Price | $3,200,000 | Building Class | C |
| Price Per Unit | $200,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 9,636 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low Rise | Opportunity Zone | No |
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 0+1 | 16 | – | 550 |
104 S Armenia Ave, Tampa, FL 33609
