We are marketing a portfolio of 35 homes single-family rental (SFR) homes in the trendy Seminole Heights area of Tampa, FL. Below is a brief description of the opportunity. Please let me know if you have any interest:
Holliday Fenoglio Fowler, L.P. ("HFF") is pleased to offer a unique investment opportunity to acquire 35 single-family rental homes (the "Portfolio"), all located in and around the desirable Seminole Heights area of Tampa, a trendy locale near Tampa’s urban core. The area has undergone a cultural renaissance in recent years with an eclectic mix of new bars, restaurants, art studios, and a rapidly growing millennial population.
Home prices in the area have averaged a remarkable 19% annual growth rate over the past three years, while prices are still at a 31% discount to peak levels, providing excellent potential for further value expansion. With the area continuing to attract demand from both renters and buyers, the Portfolio is well positioned to deliver attractive cash flow and asset appreciation, generating outsized overall returns for an investor.
