Are you looking for the perfect real estate investment opportunity? Then look no further, SVN | SFRhub Advisors presents the best of the best, our featured Single-Family Rental Portfolios and Build-For-Rent Portfolios For Sale, all residing in the hottest real estate markets across the nation, providing the maximum ROI possible. Make sure to check out each single-family rental investment portfolio or build-for-rent investment portfolio to learn more about the demographics, property, location and financial overview. Each of these single-family rental portfolios is an opportunity of a lifetime, so don’t miss out!
- 8 Home Build for Rent Investment Portfolio
- Seller is an extremely qualified and respected regional developer and builder
- The builder comes from a production/institutional home building background and can operate simultaneously in multiple MSAs
- Located on scattered lots in Cape Coral, Florida
- In 2017, Forbes named Cape Coral the #1 fastest growing city in the US, the #1 Metro area for job growth and future job growth.
- The Cape Coral-Fort Myers MSA has a population of approximately 725,700
- The median household income in Cape Coral is estimated to be $53,653
- The Cape Coral-Fort Myers MSA unemployment rate is estimated at 4.4% with a 4.16% job growth (2016)
This Build for Rent (BFR) investment portfolio allows a buyer to purchase eight duplex homes (four buildings) in Cape Coral, Florida. Four of the homes are completed and ready for tenants. The remaining four homes are at the permitting stage and can be completed in a short time. The builder is accustomed to operating at a production/ institutional level and can complete homes as scheduled. The builder is also able to quickly scale production in Cape Coral and multiple other areas in Florida and beyond. They have a catalog of floorplans that includes attached and detached homes and are willing to create new floorplans for a programmatic buyer.
Cape Coral had a population of approximately 173,679 in 2017*, a 14% increase since 2010. This has made the area one of the fastest growing metro areas in the country. The average age in the area is 45.9, reflecting Cape Coral’s transformation from a retirement centric area to one with expanding job growth. Forbes named Cape Coral the #1 area for job growth and the #1 area for future job growth. The median household income in 2017 was estimated to be $53,653.* This investment portfolio is comprised of eight homes. All of the homes are 1,255 square foot single-level, 3-bedroom, 2-bathroom homes. The first four homes have been completed but there is an opportunity to select finishes on the remaining four homes. Standard features include concrete masonry construction, granite countertops in the kitchen, window blinds, double vanities in the master bath, and kitchen appliances (stainless steel dishwasher, electric range, and microwave). The first four homes are finished and the owner is starting to work with a very reputable property manager to lease the homes. A buyer could continue to work with the property manager on the remaining four homes or take over management themselves. *U.S. Census Bureau, American Community Survey.
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Contact Jeff Cline at SVN | SFRhub Advisors
SVN | SFRhub Advisors
2400 E. Arizona Biltmore Circle
Phoenix, AZ 85016