55+ Multifamily Community
4954 BITNER STREET New Port Richey, FL 34652
4954 BITNER STREET, New Port Richey, FL, 34652
$3,186,000
For Sale
$3,186,000
Turnkey 36-unit 55+ apartment community with updated units, central HVAC, and in-garage washer/dryer hookups.
Days on Market80
Property Features for 4954 BITNER STREET
General Information
- Standard status
- Active
- Property subtype
- Triplex
Building Details
- Year Built
- 1973
Listing agency
RE/MAX MARKETING SPECIALISTS
(727) 234-3743
Listed by
Nicholas Vavoulis · License #3039347
Source
Allencollinsrealty
Added: May 4 Updated: Jul 20 at 9:12PM Checked: Jul 22 at 2:08AM
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Investment Insights
Based on property information with market context.
New Port Colony is a 36-unit multifamily apartment community designed for 55+ residents. The unit mix includes 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Units have been updated and are equipped with central heating and air. Washer/dryer hookups are provided in the private garage for each unit, and residents have parking directly associated with their units.
On-site amenities include a pool and shuffleboard. Residents also have the option to join the Gulf Harbors Beach Club for $200 per year.
The property is presented as a turnkey investment and is reported to be generating a 10% cap rate.
On-site amenities include a pool and shuffleboard. Residents also have the option to join the Gulf Harbors Beach Club for $200 per year.
The property is presented as a turnkey investment and is reported to be generating a 10% cap rate.
Key Highlights
- 36‑unit 55+ multifamily community in New Port Richey, FL (Year Built 1973).
- Unit mix: 19 1‑bedroom/1‑bath, 13 2‑bedroom/1‑bath, and 4 2‑bedroom/2‑bath homes.
- All units reportedly updated with central heating and air.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Turnkey 36-unit 55+ apartment community with updated units, central HVAC, and in-garage washer/dryer hookups.
Where is this apartment building located?
The property is located at 4954 BITNER STREET New Port Richey, FL.
What is the asking price?
The asking price for this property is $3,186,000.
What are key features of this property?
This property features: 36‑unit 55+ multifamily community in New Port Richey, FL (Year Built 1973).; Unit mix: 19 1‑bedroom/1‑bath, 13 2‑bedroom/1‑bath, and 4 2‑bedroom/2‑bath homes.; All units reportedly updated with central heating and air.
