For Sale
82-Home Rental Portfolio — 7.16% Cap
Houston, TX · Single-Family Portfolio
82 single-family rentals, 92% leased, new roofs and HVAC. Scale in one purchase.
More information
Build a rental empire in one closing. This portfolio includes 82 single-family homes located close together, so management is simple and efficient. It's 92% leased today, with several long-term tenants and some leases running through 2028.
The big-ticket items are already done: every roof was replaced and every HVAC system upgraded between 2018 and 2024. That means low maintenance, low turnover and stable cash flow, with upside as the remaining units lease up and rents grow.
Highlights
- 7.16% cap rate on actual income, after 10% for maintenance and management
- 82 homes in close proximity for efficient management
- 92% leased; some leases through 2028
- All roofs replaced and all HVAC upgraded 2018–2024
- Upside from leasing the remaining units and future rent growth
Buyer to verify all figures.