Back 8608 Pioneer Trail
Off Market

8608 Pioneer Trail

Jasmine Estates FL 34668

840 sq. ft.
2000 sq. ft.
Multi-Family
Last sold for $3,050,000
Ron GoldsteinRon Goldstein, last sold this property on 22 December 2020 after 111 days on market.

Overview

Presenting New America. A 40 unit condo investment package in Port Richey, FL. This multifamily investment is presented @2.95M and a 9+% Cap. rate and is truly one of the best available asset classes today. Investment highlights include: Highly desirable unit mix of all 2 BR/1.5 Ba. The Seller owns 40 Condos in this 65 unit Condominium complex and holds control of the HOA. All of the units include washer /dryer hookups and 2 parking spaces. It is nearly 100% continually leased. The owner has spent over 500K recently on both interior and exterior improvements. The property is ideally located within 1 mile of US 19, a major North- South thoroughfare, home to many national and local retailers. It is also within 15 minutes of 3200 medical jobs between Regional Bayonet and Trinity Medical Centers. As a Main Street America accredited program, New Port Richey shares both a commitment to creating high quality places to live and shop and to building stronger communities through preservation based economic development. Positive cash flow, passive income, tax benefits. Invest in this recession proof best asset class.

Features

840 sq. ft. floor area
2000 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Jasmine Estates over the last 12 months.

Property history for 8608 Pioneer Trail

2020
Sold
$3,050,000
22 Dec 2020 by Ron Goldstein, of COASTAL PROPERTIES GROUP INTERNATIONAL

Happy sellers in Jasmine Estates

94%
94% of sellers in Jasmine Estates reported that their sale price either exceeded or met their price expectations.

Jasmine Estates stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Jasmine Estates over the last 12 months.

Local market activity for multi families in Jasmine Estates

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