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 [132 18th St NW, Ruskin, FL 33570] all new roofs replaced, and both downstairs units rehabbed, 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 you’re looking for a strong-performing individual rental or want to acquire all 10 units for scale and increased returns — this opportunity checks the boxes
Financial Considerations
Price:
$450,000
HOA Fee:
N/A
Tax Amount:
$5210
Price per SqFt:
$669.64
Tax Legal Description:
CAREY'S PIRATE POINT W 102 FT OF E 234 FT OF S 124 FT OF N 508 FT OF LOT A