Property Management - Business for Sale
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Single-Family Rental Portfolio in North Tampa, FL
North Tampa, FL, US
Added 2 months ago
Property Management Services
A portfolio of 22 single-family rental homes located in North Tampa, FL, managed as investment properties with long-term tenants and low maintenance requirements.
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, FL
- Annual net income is $333,120
- Gross income is $425,000
- Net income represents a 6% cap rate
- Current owner self-insures; estimated insurance cost for new owner is $75,000 per year
- Average tenant stay is 6 to 8 years with hand-picked, low-risk renters
Contact Info
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