Property Management - Business for Sale

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Single-Family Rental Property Portfolio in North Tampa, FL

Tampa, FL, US
Added 8 days ago
Home and Property Services, Financial Services, Business and Professional Services
12 years in business

A portfolio of 22 single-family rental homes in North Tampa, Florida, focused on long-term tenants with stringent screening criteria.

Key Information

Asking

$5.3M

Revenue

$455K

Earnings

$333K

Multiple

15.9x

Key Highlights

  • 22 single-family rental homes included
  • Properties valued close to $5,000,000
  • Located in North Tampa, Florida
  • Annual gross income of $425,000
  • Annual net income of approximately $300,000
  • 6% cap rate reported
  • Average tenant stay is 6 to 8 years
  • Owner self-insures; estimated $75,000/year insurance cost for new owner
  • Business established for 12 years

Contact Info

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