7128 Wrenwood Cir Tampa, FL 33617
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.