Superb investment property right outside of Citrus Springs and Pine Ridge in Citrus County, Florida. Low Cap Rate because Owner hasn't raised rent in several years; potential for 9-10% Cap Rate or higher with proper management. Sale is of 750 & 780 W Hampshire Blvd, Citrus Springs. 780 W Hampshire is an empty 2.5 ± lot with more room to build, if desired. There are ten 1,000 square foot units, all of which are currently leased. Property located at the corner of N Lecanto Highway and W Hampshire Blvd. Over 250 feet of highway frontage. Long-term lessee businesses include restaurant, hobby shop, insurance, music store, and sporting goods store. Owner Financing Available.
|--||New Value: $1,200,000|
|4/2/2019 5:19:00 PM|
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