17+- ac For Apartments at Cypress Creek

PROPERTY DESCRIPTION Acquisition Opportunity: This offering is for apartment product on the southern 17± gross acres. Entitlements are 296 units and seller requires prospects to be comfortable that 296 units will fit on the site. Proximity to I-75 provides easy access to employment centers in Tampa Bay or Brandon/Riverview. This is across I-75 from Amazon fulfillment center.

LOCATION DESCRIPTION Located in Ruskin, in southeast Hillsborough County just east of I-75 and north of SR 674, (also known as Sun City Center Boulevard). It is conveniently located just 25 minutes from downtown Tampa and St. Petersburg, FL. Access is good from I-75 and State Road 674 exit, north on Cypress Creek Blvd.

MUNICIPALITY Sun City Center, Hillsborough County area

PROPERTY SIZE 17.0 Acres

ZONING Multi-Family, Apartments, 296 Units

PLEASE NOTE: Prospective buyer is encouraged to do a layout and get a unit count that will work on the site.

"Terms: Seller requires any transaction to be on a land option contract. That contract shall require an option payment initially for $25,000, released to Seller for a 90 day Option. Seller shall grant additional options at $25,000 per option, payable in advance and released to Seller. Seller and Purchaser shall agree on a mutual closing date. If Purchaser has made all Option payments as agreed and closes timely, the Option Payments so made shall apply to the Purchase Price; otherwise, they shall be non-refundable.”