$5,800,000
Bulk Multifamily Sale of 149 Units
3939 Ehrlich Rd Tampa, FL 33624 Property Type: Multifamily Listing Status: SoldBulk Multifamily Sale of 149 Units Details
This Tampa Property is a luxury gated community on 48 lushly manicured acres. The property is a private tranquil enclave where each building features a beautiful atrium walkway. The property offers all of the amenities and comforts of a quiet suburban lifestyle with easy access to both necessity and luxury shopping. This property has been honored nationally and has received several prestigious awards among them being The Aurora Award for Excellence in Community Design, Best Clubhouse, and Best Pool & Landscaped Gardens.Property was sold as a combination agreement of note purchase and negotiation for deed.
- Price: $5,800,000
- Listing Type:Commercial
- Property Type:Multifamily
Bulk Multifamily Sale of 149 Units Property Additional details
- Occupancy: 95%
- Available Units: 149
- Total Units: 309
- LAND AREA: 48 Acres
- YEAR BUILT: 2001
- CAP RATE: 7.5% on current rental income
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