LoopNet...3urshuw\ )lqdqfldo 6xppdu\ $vnlqj sulfh 7\sh 3urirupd (vwlpdwhg uhkde $iwhu uhsdlu ydoxh...

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Julia Court Apartments 6906 Julia Court, New Port Richey, FL Property Information Asking Price $1,250,000 County Pasco County Property type Multi family Subdivision Total units 25 Construction CBS Total bedrooms 41 Roof Shingle Total bathrooms 26 Water source City Building size 21063sq. ft. Water disposal Sewer Lot size 1.79 acres Heating Central Year built 1979 Cooling Central Property Description Awesome added value opportunity in hot Tampa MSA. 24 units, 52k a door. Property located in beautiful residential subdivision. A rare below market value opportunity. Additional 3bed/2bath house for free with full priced offer. Call us for more info!

Transcript of LoopNet...3urshuw\ )lqdqfldo 6xppdu\ $vnlqj sulfh 7\sh 3urirupd (vwlpdwhg uhkde $iwhu uhsdlu ydoxh...

Page 1: LoopNet...3urshuw\ )lqdqfldo 6xppdu\ $vnlqj sulfh 7\sh 3urirupd (vwlpdwhg uhkde $iwhu uhsdlu ydoxh 7rwdo lqyhvwphqw 3rwhqwldo surilw

Julia Court Apartments 6906 Julia Court, New Port Richey, FL

Property InformationAsking Price $1,250,000 County Pasco CountyProperty type Multi family SubdivisionTotal units 25 Construction CBSTotal bedrooms 41 Roof ShingleTotal bathrooms 26 Water source CityBuilding size 21063sq. ft. Water disposal SewerLot size 1.79 acres Heating CentralYear built 1979 Cooling Central

Property DescriptionAwesome added value opportunity in hot Tampa MSA. 24 units, 52k a door. Property located in beautiful residential subdivision. A rare below market value opportunity. Additional 3bed/2bath house for free with full priced offer. Call us for more info!

Page 2: LoopNet...3urshuw\ )lqdqfldo 6xppdu\ $vnlqj sulfh 7\sh 3urirupd (vwlpdwhg uhkde $iwhu uhsdlu ydoxh 7rwdo lqyhvwphqw 3rwhqwldo surilw

Property Financial SummaryAsking price $1,250,000 Type ProformaEstimated rehab $250,000 After repair value $2,000,000Total investment $1,500,000 Potential profit $500,000

Gross income (annually) $207,480 Gross income (monthly) $17,290Operating expenses (annually) $51,177 Operating expenses (monthly) $4,265Net income (annually) $156,303 Net income (monthly) $13,025Gross return 13.83% Net return 10.42%