Property Management - Business for Sale

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Single-Family Rental Portfolio in North Tampa, FL

FL, US
Added 1 month ago
Property Management / Real Estate Investment
12 years in business

A portfolio of 22 single-family rental homes clustered in the North Tampa, FL area, generating rental income with long-term, low-risk tenants.

Key Information

Asking

$5.3M

Revenue

$455K

Earnings

$333K

Multiple

15.9x

Key Highlights

  • Includes 22 single-family rental homes valued close to $5,000,000
  • Located in North Tampa area, FL, US
  • Reported gross income is $425,000
  • Estimated cap rate is 6%
  • Current owner self-insures; estimated insurance cost for new owner is $75,000 per year
  • Business has been established for 12 years
  • Average tenant stay is 6 to 8 years

Contact Info

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