A++ PRISTINE ASSET is the FLAGSHIP APARTMENT COMPLEX in Dade City. The 21 Unit Majestic Oak Court Apartments is an EXTREMELY WELL MANAGED - WELL MAINTAINED property. COMPLETELY TURN KEY, 100% OCCUPIED complete with TENANT WAITING LIST. 6.0% Cap rate. ALL 21 UNITS HAVE BEEN COMPLETELY REMODELED with HD Vinyl wood flooring throughout all living areas, tile in kitchen & baths, and granite counters. Property consists of twenty (20) 2 bedroom townhomes with 896sf and 1-1/2 baths, (1) 1 bedroom townhome with 672sf and 1 bath. THOUGHTFUL TENANT AMENITIES provided: UPGRADED LAUNDRY FACILITY, COMMERCIAL GRADE PLAYGROUND evokes a sense of community for the residents. Vinyl fencing throughout creates PRIVACY AND SECURITY. LARGE OPEN PARKING with 21 ASSIGNED PARKING SPOTS as well as 10 GUEST SPOTS. This attention to tenant needs has created dependable LONG-TERM TENANTS. Individually metered for water/sewer/electric, concrete block construction and newer roof and 100% remodeled are just a few of the Value-Added items increasing the value to the investment. Only 7 minutes to Saint Leo University, 1 mile to vibrant downtown Dade City. The current management company is willing to continue managing the complex making for an easy transition to new owners. Current 2021 & 2022 Pro Forma available to qualified parties. Property located in Dade City, within Pasco County.
Information on this website is being provided for consumers' personal,
non-commercial use and may not be used for any purpose other than to identify
prospective properties consumers may be interested in purchasing.
The data relating to real estate for sale on this web site is sourced from
My Florida Regional MLS DBA Stellar MLS. Real estate listings held by brokerage firms other than Lipply Real Estate
are marked with the Broker Reciprocity logo. All information deemed reliable
but not guaranteed. All properties are subject to prior sale, change or withdrawal.
*Data Updated 09 23 2021
MLS Office ID: 260030671
Lipply Real Estate Company
3302 Alternate 19 North, Suite A
Palm Harbor, FL 34683
Toll Free: 888-423-5775
WHAT OUR CUSTOMERS HAVE TO SAY
We are an Accredited Business with the BBB since 2006 and maintain an A+ Rating visit Better Business Bureau. "In a field that can greatly disappoint the user, Lipply Real Estate is uncommonly good at delivering on what they promise to their clients.
-Better Business Bureau
A consistent 5 star rating of high customer service for residential sales. Check out our Business Page. "We had experiences with other agents during our 1-year search for a waterfront home in New Port Richey but there was no comparison in the service you provided.
We earned the 2019 Super Service Award from Angie’s List. The Award reflects consistent high levels of customer service. Check our reviews at AngiesList.com. "Truthful, honesty, punctuality and excellent knowledge of the area are some of the qualities that set them apart.