Just Listed | 50 Units in Brooksville, FL (Tampa Bay MSA) | $1-million in Recent Capital Improvements
Price: $7,650,000
· 50-unit gated multifamily community in Brooksville, FL (Greater Tampa Bay Area)
· More than $1-million in recent capital improvements, including seven new roofs, new & improved amenities, freshly sealed and striped parking area, and new landscaping throughout
· Proven upside, with 38 already-completed unit-interior renovations
· Continued renovations may realize a 17% increase in Effective Gross Income and 7.44% cap rate by end of Year Two
· Attractive unit mix with majority two-bedroom units
· Amenities include gated entrance, pet park, playground and recently upgraded and modernized laundry facility
For more information on this listing, including the offering memorandum and financials, please use the link below.
https://lnkd.in/eFUBDNuu
#justlisted #multifamilyinvestments #BrooksvilleFL
Divisional Business Development Manager of New Home and Multi Family Construction
2moCongrats guys!