Property Management

Asking Price$5,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$455,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$5,000,000
Included in asking price
listing imageSave

Property Management


Asking Price$5,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$455,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$5,000,000
Included in asking price
Business Description
Investment properties package for sale: 22 Single-family rental homes valued close to $5M. Cluster in North Tampa area. Each tenant is hand-picked, low maintenance, 6 to 8 years average stay. Low risk renters have to meet stringent criteria to become a tenant. Around $300K Net Income per year is equal to a 6% cap rate. $425K gross income. Owner self-insures so estimate new owner may pay $75K per year in insurance.
About the Business
Years in Operation
12
Currently Home Based
Yes
Facilities & Assets
Homes kept maintained and in good shape, roofs, AC everything up to date.
Market Outlook / Competition
Rent rates are very competitive; well below Zillow rent rates.
Opportunities for Growth
Unlimited potential for growth in the Tampa area.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement age.
Transition Support
Will train for 1 week @ $0 cost.
Listing Info
ID
2502583
Listing Views
127

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Business Listed by: Dan Gore Murphy Business & Financial Brandon

Listing ID: 2502583 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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