Investor Opportunity! This property is part of a 4 property, 10 unit portfolio available individually or as a complete package. Located in the Gibsonton/Ruskin area, all properties are within 20 minutes of each other, making it an ideal setup for efficient management.
This specific property offers 11303 Spivey Rd. Gibsonton, FL 33534 1/1 rented units with NEW ROOF and inside upgrade potential, contributing to a portfolio wide pro forma CAP rate of 10% and immediate cash flow potential. The entire portfolio is 80% stabilized with upside through lease up and potential rent increases!
Whether youre looking for a strong performing individual rental or want to acquire all 10 units for scale and increased 6 FIGURE returns this opportunity checks the boxes!
Investor Opportunity! This property is part of a 4 property, 10 unit portfolio available individually or as a complete package. Located in the Gibsonton/Ruskin area, all properties are within 20 minutes of each other, making it an ideal setup for efficient management.
This specific property offers 11303 Spivey Rd. Gibsonton, FL 33534 1/1 rented units with NEW ROOF and inside upgrade potential, contributing to a portfolio wide pro forma CAP rate of 10% and immediate cash flow potential. The entire portfolio is 80% stabilized with upside through lease up and potential rent increases!
Whether youre looking for a strong performing individual rental or want to acquire all 10 units for scale and increased 6 FIGURE returns this opportunity checks the boxes!
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Fence
Living Area: 1500.00
Roof: Shingle
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 2.00
Cooling: Ductless
Heating: Electric
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Interior Features: Ceiling Fans(s)
Legal Description: FLORIDA GARDEN LANDS REVISED MAP OF N 80 FT OF S 621 FT OF LOT 76 LESS E 50 FT FOR RD
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