Property Management - Business for Sale
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Single-Family Rental Property Portfolio in North Tampa, FL
North Tampa, FL, US
Added 5 months ago
Property Management
A portfolio of 22 single-family rental homes in North Tampa, Florida, focused on long-term, low-maintenance tenants and currently generating rental income.
Key Information
Asking
$4.5M
Revenue
$455K
Earnings
$333K
Multiple
13.5x
Key Highlights
- 22 single-family rental homes included in sale
- Portfolio valued close to $5,000,000
- Located in North Tampa, Hillsborough County, FL
- Annual net income is $333,120
- Gross income reported as $425,000
- Net income yields a 6% cap rate
- Owner currently self-insures; estimated insurance cost for new owner is $75,000 per year
- Tenants have an average stay of 6 to 8 years and are selected via stringent criteria
Contact Info
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