Real estate listing preview #1
1 of 1
Single FamilyFor Sale
11705 Enterprise Drive
Port Richey, FL 34668
Listed by: Dalton Wade Inc, (609) 743-0650
MLS: Stellar MLS
51Full5Half Baths
39,810Sq Ft
Est. Mortgage

Package Deal - Turnkey 32 Single Family House Rental Portfolio in Pasco owned by one owner. 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. Seller reserves the right to sell individually or as a package. Buyer to verify all data.

Get in touch
Listing provided by Dalton Wade Inc
Community / School Information