9960 Us Highway 98, Dade City, FL 33525
- $1,020,000
- 7,400
- SqFt
- Sold Price
- $1,020,000
- List Price
- $1,100,000
- Status
- Sold
- Days on Market
- 89
- Closing Date
- Sep 29, 2023
- MLS#
- T3455948
- Property Style
- Mixed Use
- Year Built
- 1958
- Living Area
- 7,400
- Lot Size
- 101,495
- Acres
- 2.33
- Total Acreage
- 2 to less than 5
- Legal Subdivision Name
- Acreage & Unrec
- MLS Area Major
- Dade City/Richland
Property Description
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.
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Additional Information
- Taxes Annual
- $5701
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- AC
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Foundation
- Block
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 22-25-19-0000-00800-0000
- Legal Description
- COM AT NW COR OF SEC 19 TH EAST ALG NORTH LINE OF SEC 598.62 FT FOR POB TH CONT EAST 364.81 FT TH SWLY 270.13 FT TO NELY R/W OF US 98 TH NWLY ALG SAID R/W 310 FT TH NELY 77.80 FT TO POB & COM AT NW COR OF SEC 19 TH S89DEG 36' 00"E ALG NORTH BDY 451.05 FT TO INTERSECTION OF NELY BDY OF US HWY 98 TH S57DEG 47'00"E ALG NELY R/W 435.40 FT FOR POB TH CONT S57DEG 47'00"E 150.00 FT TH N32DEG 13'00"E 363.20 FT TO NORTH BDY OF SEC TH N89DEG 36'00"W ALG NORTH BDY 176.52 FT TH S32DEG13'00"W 270.13 FT TO POB OR 9384 PG 3315
Listing courtesy of LING REALTY, LLC. 813-731-5415
Selling Office: PREFERRED SHORE.Mortgage Calculator
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