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!
- Average single-family rent is $2,139 and is projected to increase by 1.8% by 2022
- Current net operating income of $585,688.
- 76% occupancy and stabilized rents averaging above $1,547.
- Solid projected cap rate of 6.05%.
- Median home price in Washington D.C. is almost three times higher than asking price of $203,245 per home.
- New and resale homes collectively are currently experiencing a 1.9% increase in price appreciation.
This 82 home single-family residential investment portfolio in Washington D.C. is the capital of the United States, located on the border of Maryland and Virginia. Washington D.C. is the 20th most populous city in the nation and the metropolitan area is the country’s sixth largest, showing strong signs of economic & population growth. According to John Burns, the Washington D.C. market is stabilized and gaining traction in the past year. The portfolio is comprised of properties located in, but not limited to, Capitol Heights, College Park, District Heights, Fort Washington, Hyattsville, Landover, Severn, Temple Hills, Upper Marlboro, and Waldorf. This portfolio offers an investor immediate cash flow in the Washington D.C. market with 76% occupancy. This portfolio can be packaged for an investor with any of our other portfolios in Maryland, as well as throughout the country. The average year-built of homes in this portfolio is 1962, with an average of 1,097 square feet per home. There are seven 1-bed, 1-bath homes; 16 2-bed, 1-bath homes; five 2-bed, 1.5-bath homes; one 2-bed, 2-bath home; 12 3-bed, 1-bath homes; 12 3-bed, 1.5-bath homes; six 3-bed, 2-bath homes; three 3-bed, 2.5-bath homes; four 3-bed, 3-bath homes; four 4-bed, 1-bath homes; five 4-bed, 2-bath homes; one 4-bed, 2.5-bath home; six 4-bed, 3-bath homes; and one 5-bed, 1-bath home. These well laid out floor plans range from 573 to 2,580 livable square feet, averaging 1,097 square feet. Rental rates throughout the portfolio are on average $1,547 a month, which are continuing to climb in this market and will continue bringing increased cash flow to investors bottom line over the years. This 82 home SFR investment portfolio is listed at only $185 per square foot, compared to the median list price of $540 per square foot in the Washington D.C. market. The Washington D.C. market is also at a median home value of $589,900 per home, which is almost three times higher than the asking price of this portfolio of $203,245 per home, making this an excellent value for an investor. Washington D.C. home values have gone up 3.1% over the past year and are predicted to rise by 2.2% within the next year.
The capital of the United States, Washington D.C., has distinct and historic neighborhoods with an estimated 2017 population of 693,972 residents. The city has endless beauty in architecture, massive government agencies, and striking monuments. D.C. has one of the most stable economies in the U.S. thanks to the steady and lucrative employment provided by being the seat of government for the richest nation in the world. A major part of the labor force works in high-paying federal jobs, as of 2013, there were over 200,000 federal employees living in the DC area, representing approximately 27% of residents. According to NeighborhoodScout®, the average income is $84,153, 78% higher than the average private-sector wage. The US Census reported the median household income from 2013-2017 being at $77,649. In addition, 90.3% of residents have a high school diploma or higher. The largest government employer in the district is the Department of Justice, employing more than 23,000 D.C. residents. Following the Department of Justice is the Department of Homeland Security with more than 18,000 D.C. residents employed. Other leading industries include various government-related services, professional and technical services, healthcare, education, and tourism. Of interest, In 2014, $19.2 billion worth of contractor work was performed in Washington, DC – an 11% increase from 2013.
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Contact Jeff Cline at SVN | SFRhub Advisors
SVN | SFRhub Advisors
2400 E. Arizona Biltmore Circle
Phoenix, AZ 85016