Union Park Townhomes Portfolio

Multi-Family for Sale
Catylist Listing ID: 30458013
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Other
Number of Units: 5 Units
Building Size (RSF): 8,450 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $220,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: 6.45%
Last Updated: 7/17/2019

Overview / Comments

Great opportunity to invest in several 100% occupied Union Park Townhomes. There are four inside units and one end unit available for a total of $1,100,000. The owner will consider offers for a minimum of two units.

The Townhomes are structurally impressive concrete block construction on the first and second floor with engineered floor and trusses as well as hurricane clips and bracing. The front door is storm rated along with the windows, sliding glass doors and garage door. Energy saving measures include 15 SEER air conditioning systems with a heat pump and digital thermostat, radiant barrier OSB roof sheathing, and double glazed low E windows and sliding glass doors. Also, each unit has a single car garage and covered lanai.

Inside, the Townhomes come with full appliance packages including an Electric Stove, Dishwasher, Microwave & Refrigerator as well as ta op loading washer and dryer. The kitchen has granite counter tops with 4” back splash and 36” premium cabinets. The flooring is 18” ceramic tile in the foyer, kitchen, bathrooms and laundry area with premium carpeting in the family room, dining area and bedrooms.

Located in Wesley Chapel, Union Park is a well-planned residential community with upscale amenities including a clubhouse with fitness center, lap-style pool, multi-purpose sports court, tot lot, open play field and walking trails. Union Park is close to top rated schools, The Shoppes at Wiregrass, Premium Outlets, Theme Parks and much of the best that Tampa Bay has to offer.

Located in New Wesley Chapel Community Well-Planned and Designed with Amenities for the Ideal Residential Experience
All Concrete Block Construction on 1st & 2nd Floor
Engineered Roof/Floor Trusses w/ Hurricane Clips & Bracing
Storm Rated Front Door, Windows, Sliding Doors & Garage Door
Granite Countertops in Kitchen with Black Appliance Package including Electric Stove, Dishwasher, Microwave & Refrigerator
Top Loading Washer and Dryer Included
Single Car Garage and Covered Lanai
1743, 1747, 1789, 1793 & 1805 Hovenweep Road - 100 % Occupied
Investor may purchase all 5 units for $1,100,000 or negotiate a price for a minimum of 2 units

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: Pasco County
Tax ID/APN: 2026350000001000020
Percent Occupied: 100%
Property Condition: Excellent
Year Built: 2018

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,471 30,518 82,925
Median Age: 49.33 39.98 41.65
Households: 625 11,550 31,876
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