

10 New Residential Home Portfolio With Projected Market Rents Northwest 132nd Boulevard, FL 32669
Property Description
🏘️ 10-Home New Construction Rental Portfolio
📍 NW 132nd Blvd | Newberry, FL 32669
💰 Offered at: $4,260,000
📈 Projected Cap Rate: 6.74% | Projected NOI: $287,280
Portfolio Overview
An outstanding investment opportunity to acquire 10 newly built single-family homes on contiguous lots within a 75-lot planned unit development located in the heart of Jonesville, just west of Gainesville and I-75. Situated adjacent to West End Park, this quiet, fast-growing corridor offers strong rental demand and long-term value.
Built in 2025 by Kara Bolton Homes, a reputable local builder known for quality and efficiency, these homes boast designer-selected finishes, energy-efficient systems, and low operating and maintenance costs. All homes are move-in ready and come backed by a 1-year builder warranty and 10-year transferable structural warranty.
Ideal for 1031 exchange, fund deployment, or long-term hold, this portfolio delivers immediate cash flow in one of North Florida’s most promising submarkets.
💼 Financial Summary
• Offered at: $4,260,000
• Projected Cap Rate: 6.74%
• Projected Gross Rent: $356,400
• Projected NOI: $287,280
Highlights
🔍 Investment Highlights
• Built in 2025 by Kara Bolton Homes, Inc.
• Projected Gross Rental Income: $356,400 annually
• Projected Net Operating Income (NOI): $287,280 annually
• Projected Cap Rate: 6.74%
• Hard surface wood look flooring throughout (no carpet)
• Window blinds included in every home
• HOA dues: $110/month per home, covering:
• 150 Mbps High-Speed Internet
• Clubhouse, Pool, Pickleball & Tennis Courts
• Declarant maintains authority over the community’s governance
• Unimproved land tax status through 2025
• Professional photos, floor plan renderings and surveys available
• Immediate occupancy available
Full Address: Northwest 132nd Boulevard, FL 32669
Listing Type: FOR SALE
Status: Active
Region: S-SE
County: Alachua County
Property ID: 4080092
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Has Broadband: Yes
Has Gas: Yes
Has Sprinkler: Yes
Building Sf: 18660
Parcel Num: multiple
Number Buildings: 10
Free Standing: Yes
Commission Comments: Projected Market Rents
Cap Rate: 6.74
🔍 Investment Highlights • Built in 2025 by Kara Bolton Homes, Inc. • Projected Gross Rental Income: $356,400 annually • Projected Net Operating Income (NOI): $287,280 annually • Projected Cap Rate: 6.74% • Hard surface wood look flooring throughout (no carpet) • Window blinds included in every home • HOA dues: $110/month per home, covering: • 150 Mbps High-Speed Internet • Clubhouse, Pool, Pickleball & Tennis Courts • Declarant maintains authority over the community’s governance • Unimproved land tax status through 2025 • Professional photos, floor plan renderings and surveys available • Immediate occupancy available