James St. Apartments

Multi-Family for Sale
Catylist Listing ID: 29849337
Property Subtypes: Low-Rise/Garden
Number of Units: 12 Units
Building Size (RSF): 9,384 SF
Gross Land Area: 0.55 Acres
Sale Price: $850,000
Unit Price: $70,833.33 Per Unit
Property Use Type: Investment
Building Name: James St. Apartments
Sale Terms: Undisclosed
Last Updated: 10/15/2017

Overview / Comments

12 Unit Complex with 17 parking spaces. All units have newer laminate flooring and/or tile flooring installed 2006. Most of the appliances and ceiling fans have been updated. Roof was replaced in 2001. Property is on 1/2 acre with a large lot at the back of the building. The unit mix is Ten 2BR/1BA and Two 1BR/1BA.

• Mulit-Family
• 12 Units
• 17 Parking Spaces
• Built in 1981
• Large Lot over 1/2 Acre and vacant land in rear
• Central HAVAC
• Balconies and Patios

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: 26
Tax ID/APN: 16-26-08-027.0-005.00-007.0
Zoning: MF2
Market Type: Medium
Property Located Between: US Hwy 19 and Gulf Dr.
Side of Street: East
Road Type: Paved
Highway Access: US Hwy 19 N
Airports: Tampa International Airport
Area Description: This property is in the New Port Richey area in Pasco County Florida. It is located a few blocks South of Main Street. This Gulfcoast of Florida is densely populated, and cities blend along continuously on the major thoroughfare US Hwy 19. Centrally located on the Florida Gulf of Mexico,this location is where the Florida "Suncoast" begins and runs South to Naples. And the Florida Nature Coast takes you North to the Panhandle. Pasco County is just North of the Tampa-St.Petersburg MSA. The submarket is known as West Pasco. From here and traveling East on either State Road 54 or State Road 52, you will cross the Suncoast Parkway, which is a quick commute to Tampa and Tampa International Airport. Continuing East, you cross Intestate 75 and then take Interstate 4 to Orlando. The Pasco County area is one with many development opportunities due to the abundance of Open spaces and Land in the Central and Northern parts of Pasco County. In the immediate vicinity of this property is the Hospital and Medical Community, which recently went thru organization changes with the new Opening of Trinity Medical Center, about seven miles Southeast, and this area recently evolved to a more specialized medicine community. Main Street New Port Richey is a few blocks North and has undergone previous redevelopments, and todayadditional work is being done near the Cotee River. A popular spot for events and Festivals, downtown has great potential for revitalization. The River downtown, meanders to the Gulf of Mexico, and is surrounded by custom homes and boating is popular, with easy access to Open water. Residences and schools are close by. Popular Shopping and restaurants are a short drive to the Gulfview Square Mall.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1981
Parking Description: Seventeen spaces for 10 units
Total Parking Spaces: 17
Lot Frontage: 151
Lot Depth: 158

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,219 77,230 157,273
Median Age: 42.62 45.37 44.42
Households: 4,692 34,679 67,728


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