For Sale

Forest Pointe Investment

12332 Shearwater Drive, New Port Richey, FL 34654

Property Stats

Units
TypeMultifamily
Sub-typeGarden/Low-rise
Use TypeInvestment
Lot SizeNot specified
MSATampa-St. Petersburg-Clearwater
Year BuiltNot specified

Property Details

Property Description

12 unit rental income portfolio in West Pasco. This offering includes 10 adjacent land parcels on which sit 6 duplexes containing 12 fully leased residential rental units. The unit count includes seven 3-bd/2 ba units, and five 2-bd/2 ba units. Units range in size from 949 SF to 1,226 SF. With potential to build an additional duplex on over sized lot.
These 6 single-story structures are situated at the easterly end of Shearwater Dr whose gate gives entrance to the Forest Pointe neighborhood. Forest Pointe is a single access community of approx 25 single-family homes and our subject property

Highlights

  • Multi-Family Investment Opportunity
  • 6 duplexes – 12 units - 10 parcels
  • Restricted access neighborhood
  • Fully leased with solid rental history
  • Strong rental demand in area

Property Map

Additional Info

  • Number of Floors: 1
  • Under Construction: No
  • Building Class: Not specified
  • RSF: Not specified
  • USF: Not specified
  • Acres: 1.31

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.