Property Management For Sale - Business for Sale
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Property Management Company in Tampa, FL
Tampa, FL, US
Added 1 month ago
Property Management Services
The business is a property management company offering a package of 22 single-family rental homes in North Tampa, FL.
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 area, Tampa, FL, US
- Annual net income: $333,120
- Gross income: $425,000
- Net income of approximately $300,000 per year equates to a 6% cap rate
- Current tenants have an average stay of 6 to 8 years and are selected based on stringent criteria
- Estimated insurance cost for new owner: $75,000 per year
Contact Info
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