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8602 PIONEER TRAIL

Multi-family Recently Sold
$1,400,000

BTC: 22.27258655

ETH: 550.48757471

Sold on: 2020-12-22
24 days
0 room(s)
18,480 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

RMS Elite Properties is pleased to present an Exclusive Investment Offering for twenty two Multifamily units located in the New America Condominium complex of Port Richey, Florida. This opportunity consists of a portfolio of rental units with a long history of occupancy located in a dense residential area, surrounded by national tenants such as Publix, Sonic, Little Caesars, Sunoco’, Bank of America, and more. The previous Owner has contributed over $80,000 of improvements since 2018, allowing an investor to collect stable cash flow while also adding value by increasing rents to the renovated apartments. With a lease loss of $23,000, an investor can see a substantial increase in Net Operating Income by increasing rents to a market rate and cutting down on expenses. Perfect Value Add Deal!

Location

Florida • PORT RICHEY • 34668 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1982
Lot:
3.00 Acres
Heating:
Other
Price/sqft:
$87
Cooling:
Central Air
HOA:
$956
All facts and features

  • Heating

    • Other

    Cooling

    • Central Air

  • Property

    • Levels: Two

    • Exterior Features: Fenced

    Lot

    • Lot: 3.00 Acres

    Other Property Information

    • Parcel Number: 282515017000A000010

    • Zoning: MF2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Available

  • Other financial information

    • HOA: $956

    • HOA Frequency: Annually

    • Annual tax amount: $8,978

  • Source details

    • MLS ID: U8101895

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Living Area: 18480

    • Water Source: Public

    • Subdivision Name: NEW AMERICA USA 1 CONDO PB 21 PG 99 UNIT 1 BLDG A

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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 ©2024-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: RMS ELITE PROPERTIES