5733 Dailey Ln | New Port Richey, FL 34652
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5733 Dailey Ln
New Port Richey, FL 34652
River Heights & Executive Estates · Multifamily Property For Sale
·
40 Units
INVESTMENT HIGHLIGHTS
- Massive upside with 34.68% increase in Effective Gross Income achievable by end of Year Two via unit interior and common area improvements
- Brand new 2025 roofs at River Heights, one new roof at Executive Estates
- Attractive assumable debt available: 40 year amortization, interest only, 4.74% interest rate, 40.66% LTV
- Concrete block construction
- Laundry facilities on-site at both properties
- One mile to New Port Richey’s charming Main Street, with numerous dining, entertainment and shopping venues
PROPERTY FACTS
| No. Units | 40 | Building Size | 30,000 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | B | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.80 AC | ||
| Zoning | MF2 - Multiple-Family Residential districts, catering to medium-to-high density multiple-family dwellings | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.80 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1/1,000 SF |
| Zoning | MF2 - Multiple-Family Residential districts, catering to medium-to-high density multiple-family dwellings |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Patio
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 720 |
| 2+1 | 20 | - | 780 |
PROPERTY TAXES
| Parcel Number | 08-26-16-0340-00000-00A0 | Improvements Assessment | $840,024 |
| Land Assessment | $102,199 | Total Assessment | $942,223 |
PROPERTY TAXES
Parcel Number
08-26-16-0340-00000-00A0
Land Assessment
$102,199
Improvements Assessment
$840,024
Total Assessment
$942,223
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