17815 Tidewater Bay Ln, Tampa, FL 33610
204,585 SF Specialty Building Offered at $31,397,969 at a 4.36% Cap Rate in Tampa, FL 33610
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 23 days
Asking Price $31,397,969
- Property Type
-
Specialty
- Square Feet
- 204,585 SF
- Price / Square Foot
- $153
Listing Contacts
Research In Progress
Property Overview
All of the homes in this portfolio are being built to for-sale standards and quality and include the standard Meritage Home Warranty. They are also being built to high energy-efficiency standards providing tenants an incentive to pay higher rent. The homes are Energy Star© certified and have high-efficiency air conditioners. Many of the homes also include M.Connected Home™ Automation Suite.
This Meritage new home BFR portfolio includes a mix of homes of assorted sizes and number of bedrooms. Although the portfolio as a whole offers good returns, a buyer can select a subset of homes that best suit their investment criteria. The asking price on the total portfolio is just under $32,000,000, an average of $448,641 per home. There is an average of 4.1 bedrooms per home and an average per month rent of $2,920.
This Meritage new home BFR portfolio includes a mix of homes of assorted sizes and number of bedrooms. Although the portfolio as a whole offers good returns, a buyer can select a subset of homes that best suit their investment criteria. The asking price on the total portfolio is just under $32,000,000, an average of $448,641 per home. There is an average of 4.1 bedrooms per home and an average per month rent of $2,920.
Property Details
- Stories
- 1
- Property Subtype
- Residential Income
Highlights
- Go to www.SFRhub.com to add a custom search and view additional information
- Stabilized Year 1 Cap Rate of 4.54%
- Strong 18.96% Stabilized Year 1 Leveraged IRR
- Seller is Meritage Homes
- Homes are spread through seven communities in Metro-Tampa, Florida
- Homes come with a new home warranty
Nearby Properties
Similar Properties
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