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Updated 25 days ago, 12/01/2024

User Stats

6
Posts
2
Votes
Caroline Liu
2
Votes |
6
Posts

Looking to sell our Successful portfolio (7 units) of rentals in Tampa

Caroline Liu
Posted

My husband and I currently have 6 apartments and 1 house, all long-term rentals and income-producing, except one 2/2 which is currently vacant and which we have decided to renovate after a recent move-out. The reno is expected to be done by the end of the month (November), at which time it will rentable at current market rents of $1,500-$1,800. 

We are honest and self-managed landlords with very happy tenants. We are also getting older and are happy to pass the income to the next investor; it's really as simple as that!

The apts are 2/2 (average rent ~$1500) and one 1/1 ($975) in the USF area (zip codes 33613 and 33617) in desirable HOAs, and the house ($2700) is a 4/2 in Lutz in a highly desirable school district (zip code 33558).

If interested in this successful, income-producing portfolio, please send any serious inquiries for details with POF. Asking price for portfolio is $1.4 million. Expected ROI (rent, less HOA and property taxes) is 6-7%. Happy to provide further financials on the units and have a real discussion with the right buyer.

Market sales for the units have been in the following ranges:

1/1 - $130k+

2/2 - $155k+

4/2 - $500k+

Thanks for your interest, and Happy Thanksgiving!

Carol.

Offering
Tampa, Florida

User Stats

557
Posts
426
Votes
Jorge Vazquez
Agent
  • Real Estate Broker
  • Tampa, FL
426
Votes |
557
Posts
Jorge Vazquez
Agent
  • Real Estate Broker
  • Tampa, FL
Replied

Hi Carol,

Within my 20 years of experience, I’ve built and managed a database of over 50,000 investors, many of whom are actively looking for income-producing portfolios like yours. Your portfolio sounds like a solid investment, especially with the properties being in such desirable areas and with happy tenants already in place.

If you'd like, I can share your details with my team to see if we can connect you with a serious buyer. Feel free to send me a private message or email me directly with any additional details you'd like included (or if you'd prefer a specific approach). Let’s see if we can find the right match for you.

Happy Thanksgiving to you and your family!

Best,
Jorge

  • Jorge Vazquez
business profile image
Graystone Investment Group
4.5 stars
88 Reviews

User Stats

4,576
Posts
4,398
Votes
Robin Simon
Pro Member
#1 Classifieds Contributor
  • Lender
  • Austin, TX
4,398
Votes |
4,576
Posts
Robin Simon
Pro Member
#1 Classifieds Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Caroline Liu:

My husband and I currently have 6 apartments and 1 house, all long-term rentals and income-producing, except one 2/2 which is currently vacant and which we have decided to renovate after a recent move-out. The reno is expected to be done by the end of the month (November), at which time it will rentable at current market rents of $1,500-$1,800. 

We are honest and self-managed landlords with very happy tenants. We are also getting older and are happy to pass the income to the next investor; it's really as simple as that!

The apts are 2/2 (average rent ~$1500) and one 1/1 ($975) in the USF area (zip codes 33613 and 33617) in desirable HOAs, and the house ($2700) is a 4/2 in Lutz in a highly desirable school district (zip code 33558).

If interested in this successful, income-producing portfolio, please send any serious inquiries for details with POF. Asking price for portfolio is $1.4 million. Expected ROI (rent, less HOA and property taxes) is 6-7%. Happy to provide further financials on the units and have a real discussion with the right buyer.

Market sales for the units have been in the following ranges:

1/1 - $130k+

2/2 - $155k+

4/2 - $500k+

Thanks for your interest, and Happy Thanksgiving!

Carol.


 Can you share the square footages of the apartment units (assuming these are condo units?)?

  • Robin Simon
  • [email protected]
  • Vacasa logo
    Vacasa
    |
    Sponsored
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    User Stats

    6
    Posts
    2
    Votes
    Caroline Liu
    2
    Votes |
    6
    Posts
    Caroline Liu
    Replied
    Hi Robin, I've emailed you the SF for each unit. Thanks, Carol.

    User Stats

    4,576
    Posts
    4,398
    Votes
    Robin Simon
    Pro Member
    #1 Classifieds Contributor
    • Lender
    • Austin, TX
    4,398
    Votes |
    4,576
    Posts
    Robin Simon
    Pro Member
    #1 Classifieds Contributor
    • Lender
    • Austin, TX
    Replied
    Quote from @Caroline Liu:
    Hi Robin, I've emailed you the SF for each unit. Thanks, Carol.

     great, thank you

  • Robin Simon
  • [email protected]