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Brevard County SFR Portfolio - FL

11 Residential Properties Offered at £1,868,374 in Multiple Locations

Investment Highlights

  • 100% Occupied With a Great History of Occupancy
  • Below Market Rents With Opportunity to Increase Net Operating Income Through an Organic Rental Increase
  • Built-In Equity as These Homes Are Being Offered at $215,000/Home With Multiple Homes Valued Around $300,000
  • Attractive Financing Available
  • All Homes Are Located in Great Locations Just Off of I-95 Near Major Employers, Hospitals, Schools, Grocers, Intersections
  • Over $200,000 in Recent Capital Expenditures Through Replacement of Various HVAC's, Roofs, Appliances, and Cosmetic Updates

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale an 11-Home Single-Family Rental Portfolio Located in Various City's of Brevard County, Florida. This Deal is Currently 100% Occupied With Strong a History of Occupancy, Below Market Rents and an Opportunity to Increase Net Operating Income Through an Organic Rental Increase, Providing For a Secured Investment.
In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BOR: Andrew Ackerman Lic. FL #BK3369953

Taxes & Operating Expenses (Actual - 2023)

Annual
Gross Rental Income £189,264
Other Income -
Vacancy Loss -
Effective Gross Income £189,264
Taxes £25,187
Operating Expenses £29,381
Total Expenses £54,569
Net Operating Income £134,696

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual £189,264
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual £189,264
Taxes
Annual £25,187
Operating Expenses
Annual £29,381
Total Expenses
Annual £54,569
Net Operating Income
Annual £134,696

Property Facts

Price £1,868,374
Price / SF £130.48 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 7.26%
Sale Type Investment
Status Active
Number of Properties 11
Individually For Sale 0
Total Building Size 14,319 SF
Total Land Area 1.77 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1201 Columbia Way, Cocoa, FL 32922 Residential 1,507 SF 2000 -
955 N Carpenter Rd, Titusville, FL 32796 Residential 886 SF 2000 -
1525 Cambridge Dr, Cocoa, FL 32922 Residential 1,092 SF 2000 -
1405 Milton St, Titusville, FL 32780 Residential 1,225 SF 2000 -
1409 College Ave, Cocoa, FL 32922 Residential 1,542 SF 2000 -
1973 Otterbein Ave, Cocoa, FL 32926 Residential 1,209 SF 2000 -
880 Gillmar Ave NW, Palm Bay, FL 32907 Residential 1,381 SF 2000 -
1044 W Highland Dr, Cocoa, FL 32922 Residential 970 SF 2000 -
4091 Holder Park Dr, Mims, FL 32754 Residential 1,117 SF 2000 -
2170 Emerald Ct, Merritt Island, FL 32953 Residential 1,242 SF 2000 -
710 La Veta Dr, Melbourne, FL 32904 Residential 2,148 SF 2000 -
Show More > < Show Less
  • Listing ID: 33135565

  • Date on Market: 11/09/2024

  • Last Updated:

  • Address: Brevard County SFR Portfolio - FL, Cocoa, FL

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