4410 Pine St Immeuble residentiel 6 lots 648 403 € (108 067 €/Lot) Taux de capitalisation 10,30 % Valrico, FL 33596

This is an excellent opportunity for an investor seeking a "value-add" deal. There are currently six units on site with pads for two units to be brought in by the next owner to substantially increase the NOI. This is in a flood zone and requires a cash buyer. Units in the rear of the park sit high, were unaffected by the storms of 2024. One unit in front of the park flooded and was removed. Recent updates include new driveway, new septic system and refurbishment of some units. Most tenants have been in residence for at least four years. Over time, a new owner could replace older units with newer ones and have higher rent opportunities. Actual unit mix: Two 2 bedroom, 1 bath; One 1 bedroom, 1 bath; One 2 bedroom 2 bath. Two 3 bedroom, 2 bath. Great Brandon area location. Located just south of Lithia-Pinecrest. Drive by, do not disturb tenants. Financials upon request.
Property Note: Hillsborough County has acknowledged that the zoning is incorrectly listed on Property Appraiser website. "PD" is not correct zoning. County also informed that two units CAN be brought in to replace the two that were previously removed.