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Property profile & analytics
OFF-MARKET
Commercial real estate

7128 Wrenwood Cir Tampa, FL 33617

1,430 SF Built 1977
Property ID
US18-2433115
Property summary
AI-generated overview

This exceptional 1,430 sq ft group home in Tampa, FL, presents a lucrative investment opportunity. Built in 1977 and renovated in 2009, this single-story building boasts a 95% occupancy rate as of June 6, 2024, generating a substantial Net Operating Income (NOI) of $618,048. The property is zoned RSC6 and operates as a licensed residential care facility, receiving funding from the Agency for Health Care Administration (AHCA) and room and board income. The home features a comprehensive array of amenities designed to cater to residents' needs, including a generator and fire suppression system. This turnkey operation offers significant potential for increased revenue through various avenues, making it an attractive investment for discerning buyers seeking strong returns in the healthcare sector. The property is located at 7128 Wrenwood Cir, Tampa, FL 33617, within Hillsborough County. This is a unique opportunity to acquire a well-established, high-performing group home with a proven track record of success. The property's strong financial performance, coupled with its strategic location and operational efficiency, makes it an ideal investment for those seeking both stability and growth.

Property profile
Verified
Property type Commercial real estate
Year built 1977
Total area 1,430 SF
UPID US18-2433115
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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