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501 W Saunders Street Plant City, FL 33563
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Property can be sold as a package or individually. This package is 23 Single Family rentals all managed by Plant City Rentals. 16 of the homes are on Month to Month leases in anticipation of sale and rent increase. 16 leases are on Month to Month, 3 additional leases expire in the next 4 months, 3 leases expire early 2023. Currently, rents are well undervalued and could go substantially to market demands. For easy management, all properties are contently located in the city limits of downtown Plant City. All properties are on City water/sewer, no HOA’s, CDD’s or special assessments. Plant City, one of Tampa Bays hottest markets, is currently seeing a 2% rise in value monthly. This package includes 5- 2 bed/ 1 baths, 5- 3 bed/ 1 baths, 6- 3 bed/ 2 baths, 1-2 bed/ 2 baths, 1-4 bed/2.5baths, 1- 4 bed/1.5 baths. Currently generating a Gross of $373, 500.00 yearly, NOI of $277, 302.44 yearly & a 4.6% CAP Rate.
|a week ago||Listing updated with changes from the MLS|
|2 months ago||Price changed to $320,000|
|3 months ago||Listing first seen online|