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Reutimann Realty
7025 Fort King Rd
Zephyrhills, FL 33541

Jeff Reutimann | Broker & Owner
Office: (813) 782-6900
Mobile: (813) 997-1233
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Listing 6 out of 85
$225,000 For Sale

6751 16th Street
Zephyrhills, FL 33542

4 units | Multi Family Home
20038 sq ft - MLS# T3168092
Property Photo
1/21

Description

ZEPHYRHILLS - MOBILE HOME PARK - ALL 4 UNITS HAVE BEEN RENTED BY THE SAME TENANTS FOR MORE THAN ONE YEAR. LOW TURNOVER AND A VERY STABLE MONTHLY INCOME. UNITS 1, 2, AND 3 ARE ON ONE SINGLE SEPTIC TANK INSTALLED IN THE LAST 12 MONTHS WITH A NEW LEACH FIELD. #4 IS ON ITS OWN SEPTIC TANK AND COULD BE CONNECTED TO THE LARGE TANK IF NEEDED. EACH UNIT IS SEPARATELY METERED FOR WATER AND ELECTRIC. EACH UNIT PAYS $15 MONTH FOR MOWING. EACH UNIT IS ON A MONTH TO MONTH LEASE. EACH UNIT HAS A $600 DEPOSIT IN ESCROW. OWNER PAYS TAXES, INSURANCE, UTILITY LIGHT POLE. THAT IS IT. THIS PARK IS VERY CLEAN AND OWNER HAS A CLOSE RELATIONSHIP WITH EACH TENANT. ALL RENTS ARE PAID ON TIME. ESTIMATED CAP RATE IS 13% WHICH MAKES FOR AN EXCELLENT PURCHASE.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Family
  • Listing Status: Active
  • County/Area: Pasco County
  • Zip Code: 33542
  • Year Built: 1936
  • Subdivision/Neighborhood: Zephyrhills Colony Co
  • Sq.Ft.: 2,368 sq ft
  • Style: Multi-Family (Multi-Family)
  • Units: 4 units
  • Lot Size: 20038 sq ft
  • Zoning: R1
  • Annual Expenses: 3176
  • Annual Net Income: 29344.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Country: US
  • Exterior Features: Lighting
  • Gross Income: 32520
  • Heating: Central, Electric, Wall Units / Window Unit
  • Lot Dimensions: 100 x 200
  • Lot Size Square Feet: 20000
  • Parcel Number: 02-26-21-0010-03000-0040
  • Tax Year: 2018
  • Tenant Pays: Electricity, Trash Collection, Water
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Total Actual Rent: 2710
  • Total Monthly Expenses: 265
  • Total Num Buildings: 4
  • Township: 26
  • Unit Count: 4
  • Utilities: Street Lights, Water - Multiple Meters
Courtesy of Elite Brokers, Llc


Reutimann Realty | 813-782-6900 | Contact Us
7025 Fort King Rd - Zephyrhills, FL 33541
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