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Opportunity to acquire an established rental property in Pinellas Park with a tenant already in place. Offering 3 bedrooms, 1 bathroom and approximately 1,396 square feet, this single-family residence currently generates $2,050 per month in rental income, making it an appealing addition to an existing rental portfolio or a larger portfolio acquisition. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Stephanie LeFew | Keys To Castles Group
Provided By
Listed by Zach Steinberger (#MFR260047075)
Listing Office: COMPASS FLORIDA LLC (#MFR260033445)
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