Multifamily
The Creek Apartments
5302 Trouble Creek Rd, New Port Richey, FL 34652
Listing Price: $750,000
Cap Rate
5.02%
GRM
11.16
Investment Overview
A 6-unit multifamily property in New Port Richey, FL
The Creek Apartments
Investment Highlights
- A 6-unit multifamily property in New Port Richey, FL
- $250+ of potential rental upside per unit, via continued unit renovations
- Concrete block construction
- Located in Pasco County, one of the fastest growing areas in the greater Tampa Bay region, which has a population of over 600,000 and a workforce that is expected to increase by 37% over the next ten years
- Less than one mile from U.S. Highway 19, a main thoroughfare with over 68,000 VPD, offering convenient access to major dealerships such as Toyota, Nissan, Volkswagen, Hyundai, Kia and Jeep
- Less than five minutes away from Sam's Club, Publix Supermarket, and a wide variety of retail stores and restaurants
Exclusively Listed By
Financing By
Investment Highlights
- A 6-unit multifamily property in New Port Richey, FL
- $250+ of potential rental upside per unit, via continued unit renovations
- Concrete block construction
- Located in Pasco County, one of the fastest growing areas in the greater Tampa Bay region, which has a population of over 600,000 and a workforce that is expected to increase by 37% over the next ten years
- Less than one mile from U.S. Highway 19, a main thoroughfare with over 68,000 VPD, offering convenient access to major dealerships such as Toyota, Nissan, Volkswagen, Hyundai, Kia and Jeep
- Less than five minutes away from Sam's Club, Publix Supermarket, and a wide variety of retail stores and restaurants
Investment Overview
A 6-unit multifamily property in New Port Richey, FL
Exclusively Listed By
Financing By
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