For Sale
$3,700,000

4114 North B St Tampa, FL 33609

16-Unit Apartment Building, High ROI Potential

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
West Haven Urban Residences, located at 4114 W North B St, Tampa, FL 33609, presents a compelling multifamily investment opportunity. This 16-unit apartment building, built in 1984 and renovated in 2017, offers units ranging from 750 to 1100 square feet. The property boasts a current Net Operating Income (NOI) of $195,000, translating to a 5.27% capitalization rate. A pro-forma analysis projects a significantly improved NOI of $243,000, resulting in a 6.57% pro-forma cap rate, indicating substantial upside potential. The property is zoned RM-16 within Hillsborough County and features the APN A-21-29-18-3LI-000002-00007.0. This value-add opportunity allows for the achievement of market rate rents, maximizing profitability. The asking price for this attractive investment is $3,700,000. This property represents a strong investment in a growing Tampa market.

Property Details for 4114 North B St

Property type
Apartment buildings
Square Feet
750 SF
Year Built/Renovated
1984/2017
Units
16

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9464394
Longitude
-82.5132774
4114 North B St, Tampa, Florida

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FAQs

What type of property is this?
Apartment building - 16-Unit Apartment Building, High ROI Potential
Where is the apartment building located?
The property is located at 4114 North B St Tampa, FL.
What is the asking price?
The asking price for this property is $3,700,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Jason D'Agostino
Jason D'Agostino
Kenneth D'Agostino
Kenneth D'Agostino
Visit Broker Website

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Useful Information

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North B St
Tampa, FL 33609

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North B St
Tampa, FL 33609

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

4114 North B St
  • Jason D'Agostino
    Jason D'Agostino
  • Kenneth D'Agostino
    Kenneth D'Agostino
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