8909 Rocky Creek Dr | Tampa, FL 33615
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- LoopNet Team
8909 Rocky Creek Dr
Tampa, FL 33615
18% CASH-ON-CASH RETRUN! WATERFRONT RESORT! · Specialty Property For Sale · 1,104 SF
Investment Highlights
- LUXURIOUS WATERFRONT RESORT IN TAMPA, FL! LONG-TERM TENANT WITH AN EXTREMELY STRONG TRACK RECORD!
- 18% CASH-ON-CASH RETURN IN 2022! 19% CASH-ON-CASH RETURN IN 2023! 8% CAP RATE IN 2024! 22% CASH-ON-CASH RETURN IN 2026! 8.2% CAP RATE IN 2026!
- IMMACULATE WATERFRONT PROPERTY ON THE ROCKY CREEK RIVER THAT FLOWS DIRECTLY INTO THE HILLSBOROUGH RIVER WITH A DOCK AND BOAT ACCESS!
- AMAZING SELLER FINANCING AVAILABLE: $250,000 DOWN, 4.5% FIXED IR, INTERESTONLY PAYMENTS, 5-YEAR BALLOON!
- A NEW 5-YEAR NNN LEASE WITH OPTIONS TO EXTEND IS IN PLACE, WITH RENTAL INCREASES OF $250 PER YEAR!
- THE MONTHLY RENT STARTS AT $7,000 PER MONTH!
PROPERTY FACTS
| Property Type | Specialty | Building Size | 1,104 SF |
| Property Subtype | Residential Income | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1961/2022 |
| Lot Size | 0.16 AC | Parking Ratio | 8.33/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 1,104 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1961/2022 |
| Parking Ratio | 8.33/1,000 SF |
zoning
| Zoning Code | RES (RES) |
| RES (RES) |
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