Active
11705 ENTERPRISE DR
PORT RICHEY FL, 34668
$7,500,000
$188.39 per sqft
Active
98 Beds
53.5 Baths
39,810 sqft
Residential
Built in 1977
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.
W7860666
MLSⓇ ID
December 29, 2023
Listed
March 22, 2024
Updated
Map
11705 ENTERPRISE DR
PORT RICHEY FL, 34668
Interior Features
Total Stories
1
Bedrooms
98 Beds
Bathrooms
53.5 Baths
Interior Features
Ceiling Fans(s)
Appliances
Dishwasher, Microwave, Range, Refrigerator
Laundry Description
Inside
Floor Description
Ceramic Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.13 Acres
Exterior Features
Private Mailbox
Roof
Shingle
Sewer
Public Sewer, Septic Tank
Other Property Details
Area Name
34668 - Port Richey
Taxes
$1,830
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
1
View
No
County
Pasco
Municipality
25S
Water Source
Private, Public
Pool
No
Zoning
R4
Buyer Agency Compensation
100,000%
Listed by Robert Bello, JR, with DALTON WADE INC
Listing Contact: 888-668-8283
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Rocks Realty participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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Data last updated 3/22/2024, 8:26 AM UTC
