Building Details

Year Built 1972

Units 107

Listing Agency: Franklin Street Tampa

Listed By: Darron Kattan · License #3256503

Source: Crexi

Added: Mar 19 Changed: Oct 9 Last Checked: Oct 16 at 6:23AM

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Investment Insights

Based on property information with market context.

This apartment portfolio contains 107 units across properties built in 1972. The asset is located in New Port Richey, Florida, within the Tampa MSA.

Key Highlights

• 107 apartment units
• 1972 construction
• Located in New Port Richey, FL

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith Bakery Catering Service (Bike/Boat/Book/etc) Store Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

107

Residential units

Location Intelligence

Trade Area within ½ mile

856

Businesses Nearby

Explore this area Business Placement

Demographics for 34652, FL

26,697

Population

14,700

Households

1.8

Avg Household Size

51

Median Age

20%

College-Educated

88%

High-School Grad

8.6 sq mi

ZIP Area

3,104

Density / Sq Mi

$52,396

Median Household Income

$36,819

Median Earnings

$1,189

Median Rent

$198,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment portfolio comprising 107 units in the Tampa MSA.

Where is this apartment building located?

The property is located at 5866 Meadowlane Street New Port Richey, FL.

What is the asking price?

The asking price for this property is $12,300,000.

What are key features of this property?

This property features: 107 apartment units; 1972 construction; Located in New Port Richey, FL