$850,000
6201 RIDGE RD, PORT RICHEY, FL 34668
ActiveProperty details
About this home
Prime investment opportunity to acquire a 95% occupied commercial plaza in Pasco County, Florida. The property consists of six units, with stable in-place income. This asset requires no immediate capital improvements, 7.65% Cap rate, a new shingle roof (2025), HVAC systems all under three years old, and a recently resurfaced parking lot (completed 2/2026). Current effective NOI is $65,000, Pro Forma NOI $71,000. Potential Income improvements by 2/2027. Only 570 sf unoccupied of total 4777sf available.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR789237451. Listing brokerage: THE ELITE REALTY EXPERIENCE. Status: Active.
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