8112 N MULBERRY ST Tampa FL 33604-3400

Welcome to Mulberry Flats Apartments. This beautifully updated apartment building consists of 5 fully renovated units, each featuring granite counters, stainless steel appliances, newly tiled bathroom, new mini split ACs, newer windows, newer roof, closet storage, and laundry on site! This is a turn-key operation with professional management in place. Property is 100% rented at market rent. Public water and sewer. Separately metered for electric, shared water meter. [Close to Downtown, South Tampa, Channelside, Harbour Island, Davis Islands, University of Tampa, Kennedy Blvd, Soho, Howard Ave, Hyde Park, Memorial Hospital, Tampa General Hospital, TGH, Bayshore Blvd, Dale Mabry, Tampa Heights, Tampa International Airport, 275, I4, Howard Frankland Bridge, Gandy Bridge, Westshore Business District] FINANCIALS AVAILABLE VIA ‘See Due Diligence’ button. Please reach out to Rachael Munkwitz ([email protected]) to discuss.

• 5-unit multifamily community in Tampa, Florida

• Majority of CapX items replaced in 2020-2021

• All units renovated

• Quick commute to I-275, I-4, Downtown Tampa, and Dale Mabry Highway

• Walking distance to Home Depot, Parks and Rec and other employers

• Close to University of South Florida & Busch Gardens

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.

5-Unit, Single Story, Concrete Block Multifamily Property in Tampa, FL

6.75%+ 1 Year Cap Rate with Adjusted Insurance

Property Received Significant Capital Improvements Throughout - Exterior & Mechanicals: New Roof, Electric Panels, Mini-Split

HVAC Systems, Water Heaters, Windows, and Fresh Paint; Interior: New Cabinets, Flooring, Upgraded Bathrooms, and Kitchen Appliances

On-Site Laundry Facility Provides Additional Revenue

Convenient to over 74,000 jobs and 4,100 Companies Including Major Employers such as Yuengling Brewing Company (2.7 Mi), Busch Gardens (2.8 Mi), Adventure Island (3.0 Mi), and the University of South Florida (3.3 Mi)

Located in Close Proximity to over $2 Billion in New Developments Including the $1 Billion “Uptown” University Mall Redevelopment (3.5 Mi), the $256 Million Advent Health Expansions Development (4.6 Mi), the $400 Million Moffitt Cancer Center Development (4.5 Mi), and the Yuengling Brewery Campus Expansion Development (2.7 Mi)