Properties

Property Description

Package Deal – Turnkey 31 Single Family House Rental Portfolio in Pasco owned by one owner. Fully rented, very stable and well maintained. Many tenants average lease term has been 5+ years. 20 properties on month to month leases and room to easily bump rents. Monthly gross over $51K. NOI $514K after expenses currently. Roughly 7.56% cap rate at current rents listed below are actual rents, not expected, Proforma rents will give you roughly a cap rate of 8.36%+. 28 Roofs updated, 28 HVACs updated, all windows updated, 20 Kitchens updated, 22 Main Baths updated. Most major items been recently renovated to keep maintenance costs down. Various pictures from the properties showing general condition of kitchens, bathrooms, common rooms, exterior etc prior to existing rental term. Property breakdown in attached spreadsheet showing property address, year of each update, current rent and expenses. Seller reserves the right to sell individually or as a package. Buyer to verify all data.

Features
: In Ground, Gunite
: Central, Electric
: Central Air
4
: Storage
: Laminate, Ceramic Tile, Luxury Vinyl, Tile, Vinyl, Linoleum
: Ceiling Fans(s)
1
: Public Sewer, Septic Tank
: Inside
: Cable Connected, Electricity Connected, Sewer Connected
Appliances
: Dishwasher, Microwave, Range, Refrigerator, Dryer, Exhaust Fan
Address Map
US
FL
Pasco
Port Richey
34668
ENTERPRISE
11705
DRIVE
W83° 18' 34''
N28° 19' 38''
South
34668 - Port Richey
R4
From 52 turn onto Zimmerman. Make left onto Seashore, it is on the first corner on the right, Enterprise.
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/W7866308
1
2024-07-08
: One
24
: Slab
: Block, Wood Frame, Vinyl Siding
38385
1
Financial
2367.55
Listing Information
285514555
260031661
Cash,Conventional
Canceled
2024-09-05T20:25:08Z
Stellar
: None
2024-09-05T18:07:07Z
Review
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11705 DRIVE Port Richey

11705 Enterprise Dr, Port Richey, Florida 34668

94 Bedrooms
52 Bathrooms
38,385
$6,800,000
Listing ID #W7866308
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : W7866308
Price : $6,800,000
Bedrooms : 94
Bathrooms : 52
Half Bathrooms : 5
Square Footage : 38,385
Year Built : 1977
Lot Area : 0.13 Acre
Status : Canceled
Office Name : DALTON WADE INC
Agent Name : Robert Bello, JR
Full Bathrooms : 47
Property Sub Type : Single Family Residence
Roof : Shingle, Other, Metal, Tile, Membrane
Listing Status : Canceled
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Erica Diaz Team

CONTACT US

Phone: (407) 904-2702
Hours: Everyday, 9AM – 5PM
Address: 326 S Dillard St, Winter Garden, FL. 34787

Erica Diaz, P.A. DBA Erica Diaz Team. MLS License #261211327. Brokered by Homevest Realty.

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