10637 Lithia Pinecrest Rd, Lithia, FL 33547
10 Beds
5 Baths
4,468 sqft

Share

     
OR
Photos
Map
Street
Motivated Sellers! Updated, 16 Beds MONEY MAKING ALF operated by The Same Owner for 23 Years. Reliable Annual Income Received is Approximately 25% Below Market Rent (Market Rent Increase Would Generate Over 22% Cap Rate.) This Well Established ALF Sits on 5 Commercial Acres (Can Modify Existing Building to 24 Beds.) Can Expand beyond 24 Beds (on 5 Acres Commercial Property) and Could be Perfect to Include Lucrative Memory Care Units. Seller Will Also Consider an Attractive Lease with Two Acres. In Addition, Seller Has a Fully Operating Recently Renovated, Profitable 6 Beds ALF Available(nearby) on 1 Commercial Acre for Only an Additional $325,000. A Great Opportunity to Include Lucrative Memory Care Units. Sold Separately or Package Deal. Seller is Religious and Under Charges Some of the Residents as a Way of Giving Back to the Community. If New Residents Were Charged the Going Rate, it Would Increase the Bottom Line Significantly! The Seller and Her Team Would be Willing to Stay up to a Year to Help With the Transition. The Sellers are Committed to Helping New Buyers Succeed and Will be Available to Help Throughout the Transition. The ALF's are located in Hillsborough County. According to the 2010 census, population was 1,229,226, making it the fourth most populous county in Florida. Please call or email If you are interested in further information about this golden opportunity. dimensions approximate, buyers to verify. Information deemed reliable but not guaranteed.
  • Price:
  • $1,145,000
  • Bedrooms:
  • 10
  • Full Baths:
  • 5
  • Square Footage:
  • 4,468
  • Acreage:
  • 5.00
  • Year Built:
  • 1974
  • Listing ID #:
  • A4215524
  • Street Address:
  • 10637 Lithia Pinecrest Rd
  • City:
  • Lithia
  • State:
  • Florida
  • Postal Code:
  • 33547
  • County:
  • Hillsborough
  • Subdivision:
  • Zzz | Unplatted
  • Listing Status:
  • Pending
  • Building Security:
  • Fire Sprinkler System, Smoke Detector(s)
  • Construction Description:
  • Block
  • Ease Of Access:
  • Customized Wheelchair Accessible, Handicap Modified
  • Exterior Features:
  • Fenced, Outdoor Grill
  • Fireplace:
  • 1
  • Flooring:
  • Laminate
  • Foundation:
  • Slab
  • Interior Features:
  • Attic, Ceiling Fans(s), Window Treatments
  • Patio Description:
  • Covered, Deck, Patio, Porch
  • Siding:
  • Block
  • Square Footage Source:
  • Public Records
  • Total Building Square Footage:
  • 4468
  • Type Of Roof:
  • Shingle
  • Unit Level:
  • 1
  • Windows:
  • Blinds, Window Treatments
  • Year Built:
  • 1974
  • Conforms To Zoning:
  • Ar
  • Lot Square Footage:
  • 4468
  • Vegetation:
  • Mature Landscaping, Trees/Landscaped
  • Can Be Leased:
  • Yes
  • Days On Market:
  • 382
  • Minimum Lease Term:
  • No Minimum
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $6,825
  • Tax Year:
  • 2017
  • Other Rooms:
  • Attic
  • Total Rooms:
  • 14
  • Parking Description:
  • Boat, Guest, None, Open
  • Appliances:
  • Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Microwave Hood, Oven, Range, Range Hood, Refrigerator, Washer
  • Cooling System:
  • Central Air
  • Heating:
  • Central
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Global Network Realty & Assoc.
  • © 2019 My Florida Regional Multiple Listing Service, Inc.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional Multiple Listing Service, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
    MYFLR

Similar Properties

Image Unavailable
ACTIVE
$1,075,000
10818 Browning Rd, Lithia, FL 33547
0 Beds | 0 Baths
MYFLR Listing Provided By Fischbach Land Company LLC
Image Unavailable
ACTIVE
$1,250,000
2221 Hinton Ranch Rd, Lithia, FL 33547
7 Beds | 6.5 Baths
MYFLR Listing Provided By Daneel Burke Realty Inc.
Image Unavailable
ACTIVE
$1,250,000
17930 Dorman Rd, Lithia, FL 33547
4 Beds | 6 Baths
MYFLR Listing Provided By Keller Williams Realty