Property Management For Sale - Business for Sale

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Single-Family Rental Home Portfolio in North Tampa, FL

Tampa, FL, US
Added 2 months ago
Property Management and Real Estate Investment

A portfolio of 22 single-family rental homes in North Tampa is offered for sale, with tenants selected through a stringent process and an average tenancy of 6 to 8 years.

Key Information

Asking

$4.8M

Revenue

$455K

Earnings

$333K

Multiple

14.4x

Key Highlights

  • 22 single-family rental homes included in sale
  • Portfolio valued close to $5,000,000
  • Clustered in North Tampa area
  • Annual net income: $333,120
  • Gross income: $425,000
  • Net income represents a 6% cap rate
  • Estimated insurance cost for new owner: $75,000 per year
  • Average tenant stay: 6 to 8 years
  • Tenants selected based on stringent criteria

Contact Info

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