Largo Legacy Townhomes represents a rare convergence of turnkey condition, strong cash flow, and meaningful upside in one of Florida's most resilient rental markets. With over $1,000,000 in completed capital improvements, a buyer acquires a like new, 17 unit all block asset with no deferred maintenance, no near term capital requirements, and an income stream that begins on day one. The property is priced to reflect its renovated condition while still offering compelling returns relative to the broader market.
The investment thesis is straightforward: a stabilizing, cash flowing asset in supply constrained Pinellas County with a rare 3 bedroom unit mix, separately metered utilities, and a clear path to NOI growth through lease up completion and conservative annual rent increases. For investors seeking a high quality, low maintenance multifamily asset in the Tampa Bay market, this offering warrants serious consideration.
Largo Legacy Townhomes represents a rare convergence of turnkey condition, strong cash flow, and meaningful upside in one of Florida's most resilient rental markets. With over $1,000,000 in completed capital improvements, a buyer acquires a like new, 17 unit all block asset with no deferred maintenance, no near term capital requirements, and an income stream that begins on day one. The property is priced to reflect its renovated condition while still offering compelling returns relative to the broader market.
The investment thesis is straightforward: a stabilizing, cash flowing asset in supply constrained Pinellas County with a rare 3 bedroom unit mix, separately metered utilities, and a clear path to NOI growth through lease up completion and conservative annual rent increases. For investors seeking a high quality, low maintenance multifamily asset in the Tampa Bay market, this offering warrants serious consideration.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Sidewalk
Living Area: 15392.00
Roof: Membrane
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central
Sewer: Public Sewer
Utilities: Electricity Connected, Public, Water - Multiple Meters, Water Connected
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