Hubert Portfolio
For sale4115 N Hubert Ave, 4303 W Woodlawn Ave, Tampa, FL 33607
Property type
Multifamily
Unit / Space count
8
Price
Subject To Offer
Building size
8,465 sf
Rentable area
8,465 SF
Year built
1944
Year renovated
Occupancy
Zoning code
Lot size
0.88 Acres
Bedroom count
Property description
The portfolio at 4115 N Hubert Ave and 4303 W Woodlawn Ave presents a compelling multifamily investment opportunity with eight fully furnished units. The properties feature updated interiors with modern finishes, stainless steel appliances, shaker-style cabinetry, granite countertops, renovated bathrooms, select wood flooring, in-unit laundry, mini-split A/C, parking, spacious lanais, and private outdoor areas. The furnished configuration provides flexibility to serve traditional, student, corporate, and medium-term tenants, while investors have multiple opportunities to increase revenue through bedroom-oriented or student leasing, utility reimbursements, pet rent, reserved parking, and other resident fees. The portfolio structure may also provide flexibility to pursue residential financing on qualifying individual properties. The investment is further strengthened by its strategic Tampa location near Hillsborough College’s Dale Mabry Campus and major employment, retail, transportation, and entertainment destinations. The properties are just a few blocks from the planned $2.3 billion Tampa Bay Rays ballpark and surrounding mixed-use redevelopment, which is expected to introduce more than 8 million square feet of office, retail, dining, hospitality, residential, and public space. Proximity to Raymond James Stadium, George M. Steinbrenner Field, Midtown Tampa, International Plaza, Downtown Tampa, Tampa International Airport, and the Westshore Business District provides access to a diverse range of demand drivers. Overall, the portfolio offers investors a combination of renovated and income-producing assets, multiple strategies for increasing cash flow, diversified tenant demand, and potential long-term appreciation driven by continued investment and redevelopment in the surrounding Tampa market.
Property highlights
- Seller Financing: 70% LTV with interest-only payments over a three-year term. The interest rate is 5.80% in Year 1, 6.25% in Year 2, and 6.75% in Year 3, with the remaining principal balance due at maturity
- 4115 N Hubert Ave consists of three 1-bedroom/1-bath units and two 2-bedroom/1-bath units.
- 4303 W Woodlawn Ave consists of one 2-bedroom/1-bath residence and two 3-bedroom/1-bath residences, totaling eight bedrooms.
- Updated and renovated interiors feature modern finishes, stainless steel appliances, shaker-style cabinetry, granite countertops, updated bathrooms, and select wood flooring.
- Additional amenities include in-unit washer/dryers, mini-split A/C systems, carport and off-street parking, spacious lanais, and private outdoor areas.
- Fully furnished units provide flexibility to target traditional, student, corporate, and medium-term rental demand.
- Immediate utility reimbursement upside at 4115 N Hubert Ave, while tenants at 4303 W Woodlawn Ave are responsible for their own utilities.
- Opportunity to increase portfolio revenue through bedroom-oriented/student leasing strategies.
- Private outdoor areas and spacious lanais provide an opportunity for amenity enhancements that may support additional rental premiums.
- Located near Hillsborough Community College’s Dale Mabry Campus, providing an attractive housing option for students and faculty.
- Convenient access to Dale Mabry Highway, I-275, Hillsborough Avenue, and major Tampa roadways.
- Minutes from Raymond James Stadium, Midtown Tampa, International Plaza, Downtown Tampa, and the Westshore Business District.