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

February 16, 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


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 2/16/2024, 12:35 AM UTC

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