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4011 E Columbus Dr Tampa, FL 33605

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For Sale
$9,000,000

116-unit hotel/apartment complex with remodeling and expansion potential.

Lot size:
2.50 Acres

Property Features for 4011 E Columbus Dr

General Information

Lot size
2.50 Acres

Building Details

Year built
1974

Source: GREAT AMERICAN REALTY Agent Frank Leto

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

116-Unit Hotel/Apartment Complex For Sale

This property features a 116-unit hotel/apartment complex. The two-story building is constructed with concrete block and brick, with a concrete second floor. Each unit is an efficiency apartment, measuring approximately 300 square feet. A new roof was installed in 2024. The building is currently undergoing a complete remodel and includes land suitable for constructing an additional 100 units, more or less. The units can be rented by the day, week, month, or year. Proforma income, based on weekly rentals of $350 per unit, is $2,111,200, with expenses of $844,480, resulting in a net income of $1,266,720. The total acreage of the property is over 5 acres.
Insight Report Location Intelligence

Current Use by Public Records

Budgut nni Hotel

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4119091
Latitude
27.9663049

FAQs

What type of property is this?
Hotel - 116-unit hotel/apartment complex with remodeling and expansion potential.
Where is this hotel located?
The property is located at 4011 E Columbus Dr Tampa, FL.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: - High potential net income: Proforma analysis projects a net income of $1,266,720 based on weekly rentals.; - Substantial expansion opportunity: Includes land to build approximately 100 additional units.; - Flexible rental options: Units can be rented by the day, week, month, or year.
More about this property
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