168 Unit Multifamily Land Investment in Florida!
Attention: Builders/investors 12 Acre – 168 Unit Residential Rental Community Known As Pretty Pond Located At The Intersection Of Pretty Pond Road And Wire Road In Zephyrhills, Pasco County Florida,
Located on 12 acres at the intersection of Pretty Pond Road and Wire Road in Zephyrhills, Pasco County Florida, this will be the location of a fabulous 168 unit residential rental community. The site is serviced by city sewer, water and electric. The site plan calls for an active private market rate rental community with on site active and passive recreation, including a proposed pool, club house, bocce ball court, and state of the art exercise facility.
The location for Pretty Pond is triple “A” plus. The site is within 1000 feet of the Florida Hospital, Zephyrhills, along with all other related healthcare facilities. Schools, shopping and major highways are adjacent to the property. The site is also surrounded by new rental communities and single family homes. The new Publix shopping center adjoins the site to the west. Home Deposit, Wal-Mart, Lowes and 50 other new stores and restaurants are within walking distance to the property. There is a walkway path just installed from the site to the new Publix anchored strip shopping center which is 500 feet from the property. This shopping center hosts three restaurants, a Staples, a pet supply store, Mattress Giant as well as two banks (Wells Fargo and Chase) and other retailers.
There exists a strong demand for more affordable market rate rental housing. Zephyrhills, known as the City of Pure Water, is just a 25 minute rush hour drive to Tampa. And a ten minute drive from the County seat, Haines City. Lakeland is just a 15 mile drive away.
You will be hard pressed to find a more ideal location for a new rental community. Priced at just $1.85 million. Sellers terms can be discussed, this is a truly one of a kind asset.
$ 1,850,000.00
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