Courtesy of: Louis Newman, KELLER WILLIAMS REALTY - ELITE PARTNERS II, l.newman@kw.com
Courtesy of: Louis Newman, KELLER WILLIAMS REALTY - ELITE PARTNERS II, l.newman@kw.com
$650,000
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3,880 square feet
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Lot: 2.29 Acres
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Other
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$650,000
5010, 5040, 5080, & 5120 S BARKER Point 5010, 5040, 5080 & 5120 S Barker Point in rapidly growing Citrus County, FL presents a compelling multifamily investment opportunity.? Offered at $650, 000, this attractive 4-unit portfolio (five property parcels total including the well site) delivers a strong 9.78% cap rate with 100% occupancy and NOI of $63, 555.? Situated on approximately 2.29 acres, the property consists of four adjacent, renovated 3-bedroom, 2-bath homes totaling 3, 880 square feet.? Each residence features a durable steel roof, fenced half-acre-plus parcels, and recent updates that support tenant appeal and operational ease.? Located in an X flood zone, this income-producing asset offers investors both stability and upside through a well-maintained, fully leased portfolio.? The property is conveniently positioned just 10-15 minutes from shopping, medical offices, parks, and the Suncoast Parkway, enhancing accessibility for tenants and supporting long-term occupancy.? This is an ideal opportunity to acquire a truly turnkey residential income property with immediate cash flow in the desirable Lecanto submarket.?
Courtesy of: Louis Newman, KELLER WILLIAMS REALTY - ELITE PARTNERS II, l.newman@kw.com
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