12216 N 59TH ST

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12216 N 59TH ST

TAMPA, FL 33617
Asking Price
$1.32M
Cap Rate
8.07%
Asset Type
Multifamily
Class
Class B

What's Special

FULLY OCCUPIED, 8.5 CAP - 7 Unit Townhome Community With Amenities! <p><span style="color: rgba(0, 0, 0, 1)">By being in the heart of one of the most popular places to live in Florida, Milan Villas offers:</span></p><p></p><p>•<strong style="color: rgba(0, 0, 0, 1)">Strong appeal for residents – </strong><span style="color: rgba(0, 0, 0, 1)">featuring </span><strong style="color: rgba(0, 0, 0, 1)"><em>gated access</em></strong><span style="color: rgba(0, 0, 0, 1)">, spacious, updated units, a community pool (unusual for 7 units), and reserved parking, these unit

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NOI
$80,000
Cap Rate
6.04%
DSCR
1.02
Tight
Cash-on-Cash
0.34%
Monthly Payment
$6,555.377
Annual Cash Flow
$1,335.475

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