East Tampa eight-unit value-add
E 26th Ave · East Tampa · Tampa, FL 33605 · Hillsborough County County
Exact address released to verified buyers with proof of funds on file.
Front elevation
1 / 6Asking price
$1,085,000
ARV range
$1.4M–$1.5M
Repairs
$132K–$168K
Discount to ARV
23.9%
Projected profit
-$17,250
ROI
-1.3%
Cap rate
6.2%
Cash-on-cash
2.3%
Risk flags and disclosures
Surfaced automatically from the listing data. Confirm every item during your own diligence.
Two units offline
Underwriting assumes both vacant units are turned within 90 days of closing.
- T-12 and rent roll are provided by the seller and should be verified during due diligence.
Underwrite this deal
Every input is editable and every number recalculates instantly. Seller figures are pre-filled — replace them with your own assumptions.
Maximum allowable offer
$832,500
Asking price is $253K above your rule.
Total basis
$1,342,500
Selling costs
$99,750
Holding costs
$28,800
Contingency
$15,000
Net profit
-$17,250
ROI
-1.3%
Annualized ROI
-1.7%
Break-even sale price
$1,443,548
Modeled projections for demonstration only. They are not an appraisal, a guarantee of returns, or investment advice.
Eight one-bedroom units in two buildings, six occupied at an average of $1,400 and two down for turn. In-place rents are roughly $250 under comparable renovated units in the same submarket. Seller has full T-12 and rent roll available to verified buyers.
Beds / baths
12 / 8
Square feet
5,900
Lot size
14,200 sqft
Year built
1972
Units
8
Occupancy
Partially Occupied
Market rent
$11,200/mo
Taxes
$1,180/mo
Access
Tour after proof of funds verification
Highlights
- Six of eight units occupied with documented rent history
- Roughly $250 per unit of rent upside after turn
- Two parcels conveying together with shared parking
Known repairs
- Two unit turns
- Parking lot resurfacing
- Roof coating on Building B
- Exterior paint and signage
Deal structure
Direct-to-seller. Two parcels convey in a single transaction.