Mulberry Flats
Closed8112 N Mulberry St, Tampa, FL 33604
Property type
Multifamily
Unit / Space count
5
Price
$550,000
Building size
1,594 sf
Rentable area
1,594 SF
Year built
1948
Year renovated
2022
Occupancy
100%
Stories
1
APN
A-30-28-19-45M-000050-00013.0
Zoning code
Lot size
0.11 Acres
Unit mix
5x
-br
Bedroom count
Price per Unit
$110,000
Price per SF
$345.04
Property description
Mulberry Flats is a 5-unit multifamily property in Tampa, FL. The property is concrete block construction and recently went through heavy interior & exterior renovations including: a new roof, electric panels, mini-split HVAC systems, water heaters, windows, cabinets, flooring, kitchen appliances, bathrooms, and fresh paint. The property also has a laundry room on site that generates additional revenue. Mulberry Flats is conveniently located nearby to several major employers such as the University of South Florida, Busch Gardens, Adventure Island, and Yuengling Brewing Company. The property is also near over $2 Billion in new developments including the “Uptown” University Mall redevelopment, the Advent Health Expansion Development, the Moffitt Cancer Center development, and the Yuengling Brewery Campus Expansion development.
Property highlights
- 5-Unit Multifamily Property in the Sulphur Springs Submarket of Tampa, FL
- 100% of Units are Renovated Studios
- All Cash Sale to a New-to-Market 1031 Exchange Buyer
- Fast-Paced Transaction with Contract to Close in 12 Days