Thank you
Robert Bello, Jr
DALTON WADE INC
888-668-8283
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.
Total Bedroom: 98
Total Baths: 56
Full Baths: 51
Half Baths: 5
Ceiling Fans(s)
Roof : Shingle
Appliances : Dishwasher, Microwave, Range, Refrigerator
Laundry Features: Inside
Shingle
Flooring : Ceramic Tile, Vinyl
Construction Materials : Block, Wood Frame
Heating: Central, Electric
Cooling: Central Air
WaterSource: Private, Public
Year Built: 1977
Private Mailbox
Construction Materials: Block, Wood Frame
Foundation Details: Slab
Lot Square Feet: 5810
Lot Acres: 0.13
Lot Size (SqMt): 540
Property Type: Residential
Sub Type: Single Family Residence
Original List Price: $7500000
Tax Block: 00000
Tax Book Number: 11-127-129
Tax Lot: 361
Tax Legal Description: GULF HIGHLANDS UNIT 2 PB 11 PGS 127-129 LOT 361 OR 9159 PG 3296 OR 9174 PG 1893
Annual Tax: $1829.54
Tax Year: 2022
Parcel Number: 10-25-16-0570-00000-3610
Has Garage: Yes
Garage Space: 1
Cable Connected
Sewer: Public Sewer, Septic Tank
Water Source: Private, Public
Subdivision: GULF HIGHLANDS
City: PORT RICHEY
Direction: From 52 turn onto Zimmerman. Make left onto Seashore, it is on the first corner on the right, Enterprise.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
LOT 46 Harborpointe, Port Richey, FL,34668 | $540,000 | -- | -- | 14,890 | 0.34 Acre |
5352 Tropical Woods Court, Port Richey, FL,34668 | $150,000 | -- | -- | 10,380 | 0.24 Acre |
Harborpointe Drive, Port Richey, FL,34668 | $1,750,000 | -- | -- | 16,690 | 0.38 Acre |
Harborpointe Drive, Port Richey, FL,34668 | $865,000 | -- | -- | 13,430 | 0.38 Acre |
5330-5325 Treadway Drive, Port Richey, FL,34668 | $5,200,000 | 12 | 11 | 5,000 | 1.51 Acres |
5353 Tropical Woods Court, Port Richey, FL,34668 | $129,900 | -- | -- | 10,811 | 0.25 Acre |
4823 Ebbtide Lane #104, Port Richey, FL,34668 | $358,000 | 2 | 2 | 1,098 | 0.01 Acre |
8141 Aquila Street #315, Port Richey, FL,34668 | $239,500 | 2 | 2 | 1,025 | 0.09 Acre |
8251 Brent Street #922, Port Richey, FL,34668 | $315,000 | 2 | 2 | 1,025 | 0.09 Acre |
Emerald Pointe, Port Richey, FL,34668 | $129,900 | -- | -- | 9,577 | 0.22 Acre |
Disclaimer: The information being provided courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theMFRMLS (My Florida Regional MLS DBA Stellar MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of MFRMLS (My Florida Regional MLS DBA Stellar MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 04/28/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 04/28/2024 @ 06:20
MLS: MFRMLS #W7860666
LISTED BY: Robert Bello, JR, DALTON WADE INC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: $100,000
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.