MLS #E2204291

Multi-Family
  • 2units
$1,695,000
Est. P&I payment: $6473.75/mo
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Description for Zephyrhills, Florida 33542
STRONG INCOME BASED PROPERTY OFFERED AT AN APPROX 9.8% CAP RATE !! TWO 2006 CONSTRUCTED CONTEMPORARY CBS PROFESSIONAL COMMERCIAL BUILDINGS WITH A+ RATED TENANTS IN PLACE. NOI SOLID AND PREDICTABLE WITH A COMBINATION OF FULL SERVICE AND NNN LEASES. TOTAL 9000 SQFT; 4500 EACH. MEDICAL TENANTS WITH SIGNIFICANT BUILDOUT INVESTMENTS IN EACH SITE. LEASES HAVE 2-3 YRS REMAINING WITH VERY HIGH PROBABILITY OF OPTIONS EXERCISED OR EXTENSIONS NEGOTIATED. PROPERTIES ARE SEPARATELY OWNED AND BEING OFFERED AS A PACKAGED SOLID DEAL FOR A 1031 EXCHANGE PURCHASER. UNITS ARE IN EXCELLENT CONDITION WITH ALL SUBCONTRACTORS IN PLACE. PARK OFFERS TWO MONUMENT SIGNS WITH RIGHTS FOR ALL TENANTS. THE PROFESSIONAL PARK IS 100% OCCUPIED AND PROFESSIONALLY MANAGED MAINTAINING STRENGTH AND INTEGRITY FOR INVESTORS. SITES WILL NOT BE ON MARKET FOR LONG. ACT FAST. MORE DETAILED INFORMATION AVAILABLE UPON EXECUTION OF CONFIDENTIALITY AGREEMENT. SHOWN BY AFTER-HOURS APPOINTMENTS ONLY. CALL TODAY FOR YOUR CHANCE AT THIS RARE OFFERING.
MLS #E2204291
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My Notes for MLS #E2204291

General Features

  • Property Type: Income
  • Property Style: Four Units
  • Special Listing Type: Not Applicable
  • Special Sale Provision: None
  • Year Built: 2006
  • Total Num Buildings: 2
  • Total Units: 2

Exterior Features

  • Exterior Construction: Block,​Brick,​Stucco
  • Exterior Features: Oak Trees,​Sidewalk
  • Roof: Shingle
  • Total Acreage: One + to Two Acres
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 24,102
  • Lot Dimensions: 144x167
  • Garage Carport: None
  • Garage Features: None
  • Pool: None
  • Sidewalk YN: 1

Interior Features

  • Sq Ft Heated: 9,000
  • Square Foot Source: Public Records

Utility Features

  • Utilities: BB/HS Internet Avail,​City Water,​Fire Hydrant,​Public Utilities,​Sewer,​Underground
  • Air Conditioning: Central
  • Heating and Fuel: Central

Financial Features

  • Taxes: 17,021
  • Tax Year: 2016
  • HOA Fee: 2,400
  • HOA Payment Schedule: Annual
  • Monthly HOA Amount: 200
  • Annual Net Income: 166,000

Community Features

  • County: Pasco
  • Township: 26
  • Location: In City Limits,​Sidewalk,​Street Paved
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: DAUGHTERY ROAD PROFESSIONAL CENTER III PB 53 PG 024 LOT 6 OR 6856 PG 1713 DAUGHTERY ROAD PROFESSIONAL CENTER III PB 53 PG 024 LOT 7 OR 8123 PG 1940
  • Block Parcel: 60
  • Parcel Number: 02-26-21-0290-00000-0060
  • Plat Book Page: 53-024
  • Additional Parcel YN: 1
  • Num of Additional Parcels: 1
  • Flood Zone Code: X
  • Pets Allowed YN: 1
  • Pet Restrictions: SERVICE ANIMALS ONLY
  • Pet Restrictions YN: 1
  • Range: 21
  • Zoning: OP

Location

 
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The listing information for Zephyrhills, Florida 33542 was graciously provided by our friends at the listing brokerage, Bingham Realty, Inc.

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P&I Payment $6473.75
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Realty Professionals of Florida's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Realty Professionals of Florida, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing data provided by MFRMLS (My Florida Regional MLS)
Last Updated 08/23/2017 at 9:33am
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