Property Management For Sale - Business for Sale
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Single-Family Rental Property Portfolio in Tampa, FL
Tampa, FL, US
Added 4 months ago
Real Estate Investment and Property Management
This business consists of a package of 22 single-family rental homes in North Tampa, Florida, focused on property management with hand-picked, long-term tenants.
Key Information
Asking
$4.5M
Revenue
$455K
Earnings
$333K
Multiple
13.5x
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 of around $300,000 per year corresponds to a 6% cap rate
- Average tenant stay is 6 to 8 years
- Estimated annual insurance cost for a new owner is $75,000
Contact Info
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