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We are proud to represent for sale 8413 N. Hamner Ave, Tampa, FL 33610 (the "Property"). This stabilized 10-unit multifamily property offers immediate income in central Tampa. The asset generates an in-place NOI of $83, 099, equating to a 7. 55 CAP rate. Unit Mix: (1) Two-bedroom / one-bath main home (includes whole-house water filtration system) (1) One-bedroom / one-bath attached to main home (8) Studios – each with a private kitchen and bathroom. Key Property Features: All but one unit updated – providing a near turnkey investment. Fully occupied with diverse tenant base. Combination of metal and shingle roofs, plus a mix of central air, mini-split systems, and wall/window units. Leak detection systems throughout units for risk mitigation. Consistent rental demand in central Tampa location. Future income potential by adding on-site coin laundry and annual rent appreciation. The property’s strength lies in its majority studio unit mix, which caters directly to Tampa’s growing demand for affordable, efficient housing. With updated interiors, durable building systems, and proven income performance, this asset provides investors with immediate cash flow and long-term stability in a high-demand rental market.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.858% | 5.826% |
| Monthly Tax Payment | $303 | $303 | $303 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,997 | $5,135 | $7,249 |
| Total Monthly Payment | $5,424 | $5,562 | $7,676 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.