$7,500,000
11705 ENTERPRISE DRIVE
PORT RICHEY, FL, 34668
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.
Property Details
Price:
$7,500,000
MLS #:
W7860666
Status:
Active
Beds:
98
Baths:
53
Address:
11705 ENTERPRISE DRIVE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
GULF HIGHLANDS
City:
PORT RICHEY
Listed Date:
Dec 29, 2023
State:
FL
Finished Sq Ft:
39,810
ZIP:
34668
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1977
Schools
Interior
Appliances
Dishwasher, Microwave, Range, Refrigerator
Bathrooms
51 Full Bathrooms, 5 Half Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Vinyl
Heating
Central, Electric
Laundry Features
Inside
Exterior
Construction Materials
Block, Wood Frame
Exterior Features
Private Mailbox
Roof
Shingle
Financial
Buyer Agent Compensation
100000%
Tax Year
2022
Taxes
$1,830
Mortgage Calculator
Map
Courtesy of DALTON WADE INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
11705 ENTERPRISE DRIVE
PORT RICHEY, FL
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