Tampa/Clearwater/Saint Petersburg MSA; demographics support multi-family investments; currently fastest growing trend is new construction or re-hab of multi-family properties; re-purpose of condominium properties also a going trend. The median house hold income is$52,900 and median price sold home $234000, favoring rental market, more than 500,000 households need to rent in Tampa, Hillsborough county alone. IRR range from 17 to 21 % over 8 year holding periods, great cash flows and returns!
Julio Guzman, Lic. Real Estate Broker/Property Manager; 813-310-0959 cell, or 813-514-8168 office
Jul 25, 2017