Dade City, FL 33525,9960 US HIGHWAY 98
Dade City, FL 33525,9960 US HIGHWAY 98
Dade City, FL 33525,9960 US HIGHWAY 98
$1,020,000
Est. payment /mo
$1,100,000
7.3%
Est.Price: ?

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7,400 SqFt
SOLD DATE : 09/29/2023

Key Details

Sold Price $1,020,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 7,400 sqft

Price per Sqft $137

Subdivision Acreage & Unrec

MLS Listing ID T3455948

Sold Date 09/29/23

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1958

Annual Tax Amount $5,701

Lot Size 2.330 Acres

Acres 2.33

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.

Location

State FL

County Pasco

Community Acreage & Unrec

Zoning AC

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Entry Level One

Foundation Block

Lot Size Range 2 to less than 5

Structure Type Block

New Construction false

Construction Status Inspections

Others

Ownership Other

Special Listing Condition None

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Stellar MLS
Listed by LING REALTY, LLC
Bought with PREFERRED SHORE

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Gina Befumo

+1(954) 829-4440

Agent | License ID: SL3290248

Agent License ID: SL3290248

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