Property Management - Business for Sale

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Single-Family Rental Portfolio in North Tampa, FL

FL, US
Added 3 months ago
Property Management Services

A portfolio of 22 single-family rental homes located in North Tampa, Florida, offered as an investment property package with established tenants and property management practices.

Key Information

Asking

$4.8M

Revenue

$455K

Earnings

$333K

Multiple

14.4x

Key Highlights

  • Includes 22 single-family rental homes in North Tampa area valued close to $5,000,000
  • Annual net income is $333,120
  • Gross income is $425,000
  • Net income represents a 6% cap rate
  • Average tenant stay is 6 to 8 years
  • Owner currently self-insures; estimated insurance cost for new owner is $75,000 per year

Contact Info

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