Stabilized Portfolio of 35 Single Family Homes Across South Florida Built in 2017

8840 Northwest 103rd Path, Doral, FL

$10,000,000

Price

6%

Cap Rate

35

Units

Overview
Cap Rate
6%
Units
35
Year Built
2017
Price Per Sqft
$159
Price Per Unit
$285,715
Contruction Status
Complete
Description

We are proud to offer this one-of-a-kind investment opportunity as a portfolio of 25 stabilized single-family homes, diversified across different communities in South Florida and built in 2017. The portfolio boasts a high tenant profile with an outstanding performance of 96% occupancy. The portfolio allows investors to take advantage of the nationwide appetite for single family home rentals which are growing faster than apartment rentals.

The buyer will benefit of a substantial discount to FMV at the asking $168 PSF. This will allow the buyer to obtain value through rental yield or by capitalizing on the gap between the acquisition price and today's single-family market value.

The homes are among the highest-quality homes in their segment. The portfolio includes community model homes which feature high-end finishes and homesite premiums. The construction of each home is 2-floor concrete block with a concrete tile room system. The homes also feature ready-to-move-in finishes directly from the builder including stainless steel appliances, granite counters, smart home technology, keypad entry and smart thermostats. Community HOA's are approved for FHA lending to home buyers and include resort style amenities.

Documents
Title
35_SFR_Portfolio_Investment_Opportunity__002_.pdf
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Location
Gallery