No HOA Spacious 5 bed / 2 bath single-family home Large 6,000 sqft lot Rented for 5,736/month The rental income is supported by a government housing assistance program (as of June May: 5,522 government / 214 tenant) Lease renews 01/31/2027 Tenant in place since Feb 2025 HVAC 2025.
Current management company available for seamless transition
Please do not disturb tenant or knock on the door
PORTFOLIO SALE AVAILABLE (review brokers remarks)
10.4% return after property taxes, based on current contractual rents (before other operating expenses).
Investment opportunity consisting of a 9 single-family homes portfolio located in Broward County, Florida.
Total portfolio asking price: 4,198,000.
Total contractual rents for the portfolio: 42,497/month (509,964/year).
Total 2025 property taxes: 73,955.
Tenant rents include a portion paid directly by the government.
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