Lois Apartments 8412-8420 N Lois Ave Immeuble residentiel 20 lots 3 355 780 € (167 789 €/Lot) Tampa, FL 33614

Lois Apartments is a 20-unit, multifamily community located in the heart of Tampa, offering an exceptional opportunity for investors. This property features all 2-bedroom floorplans, with select units equipped with washers and dryers. Built in 1981 with durable concrete block construction, the property has undergone significant improvements, including brand-new roofs, and windows. Additionally, units have been upgraded with vinyl/tile flooring, stainless steel appliances, granite countertops, repainted cabinets, and updated bathrooms, ensuring a high-quality living experience for residents. With a potential rental upside of $195+ per month by adding laundry machines to all units and stabilizing rents at market rates, Lois Apartments offers impressive potential for long-term value growth.
The property is strategically located with easy access to both the Westshore Business District and Downtown Tampa, two of the city's premier office hubs. Tampa continues to be a rapidly growing market, recently ranked as the 10th best city to start a business in the nation by USA Today Blueprint (2024). Lois Apartments is also conveniently close to the Tampa International Airport, ranked the #2 large airport in the U.S. (J.D. Power, 2024). The community benefits from nearby retail amenities, including a Walmart Supercenter, Wawa, Publix, Super Target, and a variety of local eateries, providing residents with everything they need just a short distance away. With recent exterior improvements such as a new irrigation system, fresh building siding and paint, security cameras, and new sidewalks, this property is poised for continued success in a thriving location.