11705 ENTERPRISE DRIVE, Port Richey (34668)
$7,500,000
98 
56
39,810
PROPERTY DETAILS
| Address: |
view address Port Richey, FL 34668 Map Location |
Features: | Air Conditioning, Garage |
|---|---|---|---|
| Bedrooms: | 98 | Bathrooms: | 54 (full: 53, half: 1) |
| Square Feet: | 39,810 sq.ft. | Lot Size: | 0.13 acres |
| Year Built: | 1977 | Property Type: | Single Family Residence |
| Neighborhood: | Gulf Highlands | County: | Pasco |
| List Date: | 2023-12-29 | Listing Number: | W7860666 |
| Listed By: | DALTON WADE INC | Listing Office: | 888-668-8283 |
PROPERTY DESCRIPTION
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.
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Interior
| Air Conditioning: | Yes | Cable Television Available: | Yes |
| Central Air: | Yes | Central Heat: | Yes |
| Ceramic Tile Flooring: | Yes | Dishwasher: | Yes |
| Electric Heat: | Yes | Microwave Oven: | Yes |
| Range: | Yes | Refrigerator: | Yes |
| Vinyl Flooring: | Yes |
Exterior
| Attached Garage: | Yes | Block Exterior: | Yes |
| Garage Size: | 1.00 | Living Square Feet: | 39,810.00 |
| One Car Carport: | Yes | Shingle Roof: | Yes |
| Slab Foundation: | Yes | Wood Frame Exterior: | Yes |
Property and Lot Details
| Lot Acres: | 0.13 | Lot Has Southern Exposure: | Yes |
| Lot Number: | 361.00 | Lot Sqft: | 5,810.00 |
| Lot Zoned: | R4 | Private Water: | Yes |
| Public Sewer: | Yes | Public Water: | Yes |
| Septic System: | Yes | Subdivision: | GULF HIGHLANDS |
| Taxes: | 1,829.54 | Transaction Type: | Sale |
| Year Built: | 1977 |
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.
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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.
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