$223,148Estimated home value
- Beds
- 94
- Baths
- 49.5
- sq ft
- 38,385
11705 Enterprise Dr, Port Richey, FL 34668
11705 Enterprise Dr
PORT RICHEY, FL 34668
- Off market
Package Deal - Turnkey 31 Single Family House Rental Portfolio in Pasco owned by one owner. Fully rented, very stable and well maintained. Many tenants average lease term has been 5+ years. 20 properties on month to month leases and room to easily bump rents. Monthly gross over $51K. NOI $514K after expenses currently. Roughly 7.56% cap rate at current rents listed below are actual rents, not expected, Proforma rents will give you roughly a cap rate of 8.36%+. 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 prior to existing rental term. 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.
Details
Property type
Single Family Residence
Lot size
5,810 sq ft
Price per sq ft
$178
Year built
1977
Annual property taxes
$2,367.55
Price History
09/05/2024
StellarMLS #W7866308
Removed
$6,800,000
07/08/2024
StellarMLS #W7866308
Listed
$6,800,000
-9.33%
04/30/2024
StellarMLS #W7860666
Removed
$7,500,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Off Market
Tomo last checked: 10/07/2024 at 3:55 PM
Listing updated: 08/02/2024 at 8:59 PM
Listed by: Robert Bello, JR, DALTON WADE INC Phone #: (888) 668-8283
MLS: StellarMLS #W7866308
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