Real Estate Related — North Tampa area, Florida, USA - Business for Sale
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Single-Family Rental Portfolio in North Tampa, FL
North Tampa, FL, US
Added 3 months ago
Real Estate Investment
12 years in business
A portfolio of 22 single-family rental homes in the North Tampa area 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
- Business consists of 22 single-family rental homes in North Tampa, Florida
- Properties valued close to $5,000,000
- Annual net income: $333,120
- Cap rate: 6%
- Gross income: $425,000
- Years established: 12
- Average tenant stay: 6 to 8 years
- Owner currently self-insures; estimated insurance cost for new owner: $75,000 per year
Contact Info
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