Build For Rent Portfolios

Featured Listing: Spring Isle 88 Townhome BFR Investment Portfolio Orlando FL

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 residential 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!

Spring Isle 88 Townhome BFR Orlando FL

Highlights

  • Go to www.SFRhub.com to custom and search for portfolio 406 to view additional information! Agency permanent financing is potentially available for this portfolio
  • This listing consists of 88 townhomes, comprising the entire community
  • Seller is an extremely qualified and respected national developer and builder
  • The builder can operate simultaneously in multiple MSAs
  • YOY rent growth is predicted to remain strong and outpace apartment rent growth through the forecast range of 2022 (John Burns Real Estate Consulting, July 2019)
  • Household growth is predicted to increase through 2022 (John Burns Real Estate Consulting, July 2019)
  • 40% of currently occupied homes being renter-occupied and an estimated 12% of all housing units being single-family rental homes (John Burns Real Estate Consulting, July 2019)

Description

Go to www.SFRhub.com to custom search for Portfolio 0406 and view additional information!

This Build for Rent (BFR) investment portfolio allows a buyer to work with a national builder to construct an entire community of townhomes in Orlando, Florida. Being a well-respected public builder, they are used to working at an institutional level and completing projects as scheduled. This is an excellent opportunity for a buyer to start a relationship with this builder to develop scale in multiple markets.

The closing schedule will allow an investor to plan their capital deployment, spread over four equal tranches. The closings will consist of 22 homes, 14 of the 1,666 SF plan and 8 of the 2,038 SF plan. The first closing is scheduled to occur during 4Q-2020, and the following three tranche closings will occur approximately every succeeding quarter concluding in 3Q-2021.

This investment portfolio is comprised of 88 townhomes. The community will consist of two floorplans. The 3-bedroom, 2.5-bathroom home will be 1,666 square feet and have a 1-car garage. The 2,038 SF home will have 4-bedrooms, 2.5-bathrooms, and a 2-car garage. The community will feature a community pool and cabana.

Location

Capitalize on the benefits of professionally managed vacation home rentals in Orlando, the world’s most famous theme park destination. With more than 36,000 homes sold across the Orlando area in 2018, attracting plenty of investors. The first two months of 2019 alone, more than $1.7 billion worth of homes were sold across the Orlando MSA. Orlando home prices are much more affordable than other major US cities, averaging at $266,000, compared to San Francisco, averaging 3.7 times more expensive.

According to the U.S. Census Bureau, the Orlando metropolitan area had a population of 2,509,831 in 2017, making it the sixth-largest metropolitan area in the southern United States. Orlando is a major industrial and hi-tech center. Metro Orlando is home to the simulation procurement commands for the U.S. Army, Navy, Air Force, Marines, and Coast Guard. The population was housed in 995,591 housing units, 65.2% being single-family (townhomes and detached) homes; 39.8% of households were occupied by renters.

Orlando, also known as the “Theme Park Capital of the World”, attracting more than 68 million visitors, who spent over $33 billion in 2016, according to the Orlando Economic Partnership. Not only is the tourism industry one of the main driving forces in Orlando’s economy, but the city itself has also become a leading tourism destination in the world. As tourism is an integral part of Orlando’s booming economy, Walt Disney World Resort employs about 73,000 residents.

According to the U.S Dept. of Labor, the Orlando metro area had the “Highest Job Growth for 2015”. It was also named the “Best City for College Grads.” The city had an influx of more than 99,600 jobs in the life sciences and healthcare industry, according to the Economic Modeling Specialists International. The city of Orlando is a city of residents who hold office and administrative support jobs (14.25%), sales jobs (12.79%) and management occupations (10.42%) as well, according to NeighborhoodScout®. The American Community Survey states that the Orlando metro area had a median income of $52,261 in 2017 and that over 52% of the households had an income of over $50,000.

Florida is widely known as the Sunshine State, but it is also well-known for its business-friendly environment offering low corporate income tax rates and no personal income tax. These tax situations continue to rank Florida as one of the top states to do business


Go to SFRhub.com to learn more about this incredible single-family rental portfolio for sale.

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Contact Jeff Cline at SVN | SFRhub Advisors
SVN | SFRhub Advisors
Phone: 602-441-5354
2400 E. Arizona Biltmore Circle
Suite 1400
Phoenix, AZ 85016

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