11705 ENTERPRISE DRIVE,  PORT RICHEY  (34668)

$6,800,000

94 bedrooms 94   52 bathrooms 52   38385 square feet 38,385
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PROPERTY DETAILS

Address: view address
PORT RICHEY, FL 34668
Map Location
Features: Air Conditioning, Garage, Multi-level, Pool
Bedrooms:94Bathrooms:52 (full: 47, half: 5)
Square Feet:38,385 sq.ft.Lot Size:5810.0
Year Built:1977Property Type:Single Family Residence
Neighborhood:GULF HIGHLANDSCounty:Pasco
List Date:2024-07-07Listing Number:W7866308
Listed By:DALTON WADE INCListing Office:888-668-8283
Virtual Tour:Click Here

PROPERTY DESCRIPTION

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.

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Interior

Appliances

Appliances:Microwave, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator

Features

Flooring:Ceramic Tile, Linoleum, Laminate, Vinyl, TileLaundry Features:Inside
Laundry:Yes

Cooling & Heating

Cooling features:Central AirHeating features:Central, Electric
Heating:Yes

Exterior

Exterior and Lot

Construction Materials:Block, Vinyl SidingFoundation details:Slab
Roof:Metal, Tile, Shingle, Other, Membrane

Pool and Spa

Pool:YesPool Features:Private, In Ground, Gunite

Parking

Parking features:AttachedGarage spaces:24
Attached Garage:Yes

Property Features

Exterior features:Storage

Property and Lot Details

Other

Sewer:Public Sewer, Septic Tank

Fee

Annual Tax:2367.55

Building Information

Year Built:1977Levels:One
Stories:1

Lot

Lot Dimensions:5810.0

Construction

Building Area total:38385.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

PHOTO GALLERY

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Listed By: DALTON WADE INC