South Dale Villas
Closed6001 S Dale Mabry Hwy, Tampa, FL 33611
Property type
Multifamily
Unit / Space count
20
Price
$2,500,000
Building size
19,372 sf
Rentable area
19,372 SF
Year built
1971
Year renovated
Occupancy
Zoning code
Lot size
0.86 Acres
Sold/status
Sold · Date unknown
Sale price
$2500000
Bedroom count
Property description
South Dale Villas is a 20-unit apartment complex located in Tampa on South Dale Mabry Blvd. Constructed of concrete block in 1971 and renovated in 2017, the property presents a turn-key asset while having proven value-add potential through continued upgrades of the interiors. The property has a new roof featuring hurricane mounts for the A/C units, of which 18 out of 20 have been replaced. Most of the duct work has been replaced as well. Of the 20 units, 7 have been fully renovated, 6 have been partially renovated and the remaining 7 units have not been renovated. The premium renovated unit features granite counter tops, new cabinets, wood-plank flooring, and new bathrooms. The partially renovated units feature granite counter tops, new cabinets, and new toilets and sinks with tile floors throughout. All units have been individually metered for water/sewer and paid by tenant. The property has been entirely re-landscaped with a new fence surrounding the property. The parking lot has been re-sealed and re-curbed. There is a laundry facility on-site. South Dale Villas presents a new buyer with a turn-key asset with proven upside through continued interior upgrades.