House in Pinellas Park, Florida 3 bedrooms, 129.69 sq.m. № 2359500

Property description

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.