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9960 US HIGHWAY 98

Commercial Recently Sold
$1,020,000

BTC: 15.93750000

ETH: 584.19243986

Sold on: 2023-09-29
54 days
0 room(s)
7,400 sqft

Overview

Investment Opportunity! Take advantage of this incredible portfolio of 8 rental units located in Dade City, Florida. With a listing price of $1.1 million, this investment promises an impressive cap rate of 10.1%.All units are currently leased. Don't miss out on this chance to secure a lucrative real estate investment! Multiple Units: This portfolio comprises a collection of diverse rental properties, offering various units with different layouts and sizes. From cozy apartments to spacious Mobile homes, this investment offers a wide range of housing options to cater to different tenant needs. Prime Location: Situated in the heart of Dade City, this portfolio benefits from its strategic location within close proximity to essential amenities, shopping centers, restaurants, parks, and schools. The properties' convenient location ensures high demand from potential tenants, making it an ideal investment opportunity. Strong Cash Flow: With a cap rate of 10.1%, this rental property portfolio presents a fantastic opportunity for consistent cash flow and a solid return on investment. The attractive cap rate showcases the potential profitability of this investment. Well-Maintained Properties: Each property in this portfolio has been meticulously maintained and regularly updated to ensure tenant satisfaction and reduce maintenance costs. Well-kept properties contribute to tenant retention, minimizing vacancies and maximizing your investment returns. Experienced Property Management: For your convenience, these properties are currently managed by a professional property management company. Their expertise in handling tenant screening, rent collection, property maintenance, and more ensures a smooth and hassle-free rental operation. Rental rolls available upon request.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1958
Lot:
2.33 Acres
Heating:
No Data
Price/sqft:
$149
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,701
2022
All facts and features
  • Cooling

    • Central Air

  • Property

    • Levels: One

    Lot

    • Lot: 2.33 Acres

    Other Property Information

    • Parcel Number: 2225190000008000000

    • Zoning: AC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $5,701

  • Source details

    • MLS ID: T3455948

    Other facts

    • Construction Materials: Block

    • Foundation Details: Block

    • Living Area: 7400

    • Subdivision Name: ACREAGE & UNREC

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LING REALTY, LLC