9718 N Nebraska Ave Tampa Fl , Tampa, FL 33612

Three Miles from University of South Florida USF and 15 minute drive to downtown. The spaces are studio / efficiency apartment rentals with high demand near universities , almost a dozen schools, Busch Garden Theme park, downtown Tampa and many new development projects. Three Miles from University of South Florida USF and 15 minute drive to downtown. This great incoming producing property with 8 units is located on intersection of N Nebraska Ave and E Lotus ave. Double digit cap rates and long term tenants paying weekly. High demand for rent in this area. Great for first investment or seasoned investors. Building consists of seven efficiencies and one 1 Bedroom apartment. The building almost is never vacant with great records of rent roll. Current Landlord operates the building as a motel. Charging tenants weekly rates. Many of his tenants have been there almost a year. The 1 bed room apartment is used by the maintenance/grounds keeper so landlord does not pay for landscaping or grounds maintenance. The spaces are studio / efficiency apartment rentals with high demand near universities , almost a dozen schools, Busch Garden Theme park, downtown Tampa and many new development projects. NOTE: Image shown is enhanced to show the building with Fresh paint, new roof, and repaved parking lot.