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Lois Landing 115 S Lois Ave

56 Unit Apartment Building $19,844,580 CAD ($354,367 CAD/Unit) Tampa, FL 33609

Executive Summary

Current gross rent, full rented, before expenses is = $96,705.00.
$225K cash down at the signing of the PSA.
$25K non-refundable after 10 days of DD.
$200K non-refundable after the total of 30 days DD.
I will not consider any OWC or creative financing

Buyer splits 50/50 closing fees.
Close 30 days after DD. Or sooner.
The tenants pay some of their own utilities.
56 units total. Mix: 32 one/one’s and 24 two/one’s.
90+ parking spaces.
Heated swimming pool and spa. Fire pits, Amazon boxes, Fitness center. Dog park with dog bath.
Automobile vacuum and compressed air station.
This place is ideal for AirBnB rentals, corporate leasing, or modified for independent living.
In the past the apartments were condominiums and converted.
Certified lead paint and asbestos free.

Property Facts

Price $19,844,580 CAD
Price Per Unit $354,367 CAD
Sale Type Investment
No. Units 56
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 2.02 AC
Building Size 46,428 SF
Average Occupancy 91%
No. Stories 2
Year Built 1968
Parking Ratio 1.92/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Grill
  • Lawn
  • Patio
  • Porch
  • Recreation Room
  • Smoke Free
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Courtyard
  • Fenced Lot
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Spa
  • Gated
  • Cabana
  • Grill
  • Pet Play Area
  • Smoke Free
  • Maintenance on site
  • Pet Washing Station

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 32 - 720
2+1 24 - 930 - 1,020
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-21-29-18-3M3-000000-00009.6
Land Assessment
$1,576,042 CAD
Improvements Assessment
$11,974,820 CAD
Total Assessment
$13,550,861 CAD

zoning

Zoning Code PD (Multi-family)
PD (Multi-family)
  • Listing ID: 34080212

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 115 S Lois Ave, Tampa, FL 33609

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