8006 E BROADWAY AVE, Tampa, Florida
8006 E BROADWAY AVE, Tampa, Florida 33619 - 5 Unit Commercial Property.Property Zoned Commercial Intensive-CI. All Tenants are on a Net Lease. All units are rented. The Mechanics Shop rents for $1600/mo and is leased for 2 Years. The Tenant just put over $70,000 into the building and a $50,000 Paint booth. The Auto Body Shop Rents for $750 a Month and is on a 6 Month lease. The 2 Apartments One Rents for $500 and the other for $450 Each on a 6 Month lease. Mobile home on the property Rents for $650 and is recently renovated it is leased for 6 Months the Tenants have been in there for over a year. In total this property brings in $3950/mo which is $47,400. Owner would consider owner financing with enough down. All Room Sizes are Approximate.
Owner is willing to do a 80/20 Loan Example Convention lender comes in at 80% LTV and the owner will finance the difference. Which is 20%. Owner Financing Terms $55,000 Amount Interest and Principal Payments. 6% Interest Payments 5 Year Amortization and 5 Year Balloon. Owner will give buyer 1 to 2 months after purchase before Owner Finance Payments need to be Paid.
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Listing Courtesy of REI Brokerage House, Inc.