Courtesy of: Alex Khoyi, REALTY ONE GROUP ADVANTAGE, alex@brokeralex.com
Courtesy of: Alex Khoyi, REALTY ONE GROUP ADVANTAGE, alex@brokeralex.com
$4,052,000
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18,277 square feet
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Lot: 1.78 Acres
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Quadruplex
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$4,052,000
5901 BRYCE Lane A 34-unit, 5-building garden-style community on 1.78 acres in one of West Tampa's tightest-fundamental submarkets, minutes from Tampa International Airport and the Veterans Expressway. Built in 1983 and 94% occupied, this is a small-bay multifamily asset with real, in-place rent upside - not a pro forma story. The math: in-place 1-bedroom rents run $925 to $1, 250 against a $1, 144 average, and every point of that spread closes with routine turnover and light unit-level work - flooring's already been swapped in multiple units (9/2025, 11/2025), and a water heater replaced as recently as 7/2025. Electric is individually metered per unit, keeping the expense line clean; water runs on a single master meter. Offered at $4, 052, 000 - $119, 176 per unit - against a 6.5% cap rate on 2026 annualized NOI of $263, 384. Low density, low deferred maintenance, and a rent roll with room to run.
Courtesy of: Alex Khoyi, REALTY ONE GROUP ADVANTAGE, alex@brokeralex.com
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