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Updated over 9 years ago on . Most recent reply

Orlando/Tampa Portfolio Deal $2.25M 11% Cap Off-Market
Hello,
We are selling off our smaller real estate portfolio which consists of townhomes, duplexes, and quadplexes, and is spread through Orlando, Kissimmee, Lakeland, and Tampa.
We have our own management in place and are willing to manage the properties in the event of a sale.
If you have any buyers, or know of anyone who does please forward this list on. Please note that this is an off market deal, and I would like to sell the portfolio as a whole.
Please contact me directly to discuss commission.
Asking price:
$2,250,000
Gross Annual Rent:
$348,000
Annual Expenses (Property Tax, Insurance, HOA):
$52,799.13
Management (7%):
$24,406.20
Repairs/Maintenance (7%):
$24,406.20
Total Expenses:
$101,611.53
Net Income:
$247,048.45
Cap Rate:
11.0%
Thanks,
Zamir