Properties

Property Description

Turnkey 32 Single Family House Rental Portfolio in Pasco. Fully rented, very stable and well maintained. Most tenants average lease term has been 5+ years. 24 properties on month to month leases and room to easily bump rents another 10%. Monthly gross over $50K. NOI $475K after all expenses currently. Roughly 6.5% cap rate at current rents listed below are actual rents, not expected, Profoma rents will give you roughly a cap rate of 7.3%+. 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. Property breakdown in attached spreadsheet showing property address, year of each update, current rent and expenses. Buyer to verify all data.

Features
: Central, Electric
: Central Air
4
: Lighting
: Ninguno
: Public Sewer, Septic Tank
: Cable Connected
Address Map
US
FL
Pasco
Port Richey
34668
ENTERPRISE
11705
DRIVE
W83° 18' 34''
N28° 19' 38''
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/W7859461
2023-11-06
32
24
: Slab
: Block, Wood Frame
39810
1
Financial
1829.54
Listing Information
285514555
260031661
Cash,Other
Canceled
2023-12-26T01:02:08Z
Stellar
: None
2023-12-26T01:01:32Z
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11705 DRIVE Port Richey

11705 Enterprise Drive, Port Richey, Florida 34668

32 Bedrooms
18 Bathrooms
39,810
$7,500,000
Listing ID #W7859461
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : W7859461
Price : $7,500,000
Bedrooms : 32
Bathrooms : 18
Square Footage : 39,810
Year Built : 1977
Lot Area : 0.13 Acre
Status : Canceled
Office Name : DALTON WADE INC
Agent Name : Robert Bello, JR
Property Sub Type : Duplex
Roof : Shingle
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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