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.
“Mary and her husband David did an excellent job of marketing my home, provided guidance on pricing to attract potential buyers, engaged an excellent photographer to show the home in its best light, and utilized web sites and channels to make the home visible to a very large segment of the buying community. Their service was consistently excellent. Their services could be enhanced by finding a better network of supporting services (like handymen, stagers, closers, etc.). But most importantly they got the job done, professionally and timely.”