8531 N Nebraska Avenue

8531 N Nebraska Avenue, Tampa, FL 33604 MLS# T3185478 Commercial Listing Status: Active
152
2
0
0

REMARKS:

**DO NOT DISTURB TENANTS**Florida Commercial Group is pleased to offer a 150+ bed, Faith- Based, Transitional Rehab facility for Sale. Cap Rate as of December 2018 is 14.4%- A Phenomenal Investment- Business Included. The Organization/ Business that is being sold in this offering facilitates a Non- Profit, Multi- Unit Rehab Facility with a focus on Military Veterans, the homeless, aged- out teens, women and those with substance use disorder. This Organization has been operating since 2008 and is income producing with a tremendous turn- key opportunity. The Program focuses on Community involvement, rehabilitation and career training. This 2- Subject Portfolio features 11 properties; 17,364 SF (heated), 1.7 Acres and was designed to create Community- type Housing for its residents. The two Communities consist of the following: (4) 1- Story Duplexes, (1) 1- Story Duplex/ Kitchen/ Dining/ Check in Office Bldg., (2) 1- Story Dormitory Bldgs., (1) 1-Story Admin Office Bldg., (2) Small Single-Family Homes and (1) Vacant Land Parcel. The facilities are located in West Central Florida, in two areas of town that are experiencing tremendous Commercial and Residential revitalization, growth and new development. Both Subjects were appraised March 2019 and this listing is priced accordingly. Please call today for the complete package of details, Investment Highlights and financials.

OVERVIEW:

Commercial
Mixed Use
Active
1979
Block, Concrete
33742
1.70
In City Limits, Special Taxing District, Street Paved
One + to Two Acres
6 to 12 Spaces, Common
Central, Electric
Central Air, Wall/Window Unit(s)
Public

FEATURES:

Ceramic Tile

FINANCIAL:

$1,500,000
2018

NEIGHBORHOOD & SCHOOL INFORMATION:

 

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Data Last Updated: 12/06/2019, 10:48:04 PM

 

Listing information courtesy of FLORIDA COMMERCIAL GROUP