Milan Villas
FULLY OCCUPIED, 8.5 CAP - 7 Unit Townhome Community With Amenities!
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Investment highlights
By being in the heart of one of the most popular places to live in Florida, Milan Villas offers:
•Strong appeal for residents – featuring gated access, spacious, updated units, a community pool (unusual for 7 units), and reserved parking, these units enjoy high demand as annual or vacation rentals year round.
•Stability – Townhomes are a high demand rental type in all markets, but particularly in the Tampa Bay area. Investors enjoy a solid and consistent tenant base, and residents the luxuries of a single family home with the conveniences/amenities that come with apartment living.
•Location – Less than 2 miles from University of South Florida, Adventhealth Hospital Tampa, VA Medical Center and Moffitt Cancer Center – all major local employment and education centers, creating a broad local tenant base. Also, close to all local retail, dining, hospitality, office and world-famous Busch Gardens of Tampa Bay!
•Flexibility – units are individually deeded, and four are currently fully furnished and operated as vacation rentals/Airbnb units. Can be sold off individually to owner/occupants or smaller investors if so desired.
•Potential for additional units – Included in the sale is a 0.40 acre parcel behind the property, with the potential to build 8 additional townhomes.
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