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 [2709 SE 11th Ave Ruskin FL 33570] with a new septic system installed, 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:
$350,000
HOA Fee:
N/A
Tax Amount:
$4272
Price per SqFt:
$140.68
Tax Legal Description:
RUSKIN COLONY FARMS 1ST EXTENSION E 60 FT OF W 273 FT OF N 160 FT OF TRACT 500 LESS N 13 FT FOR ST AND A STRIP OF LAND DESC AS FOR A POINT OF REF COMM AT NW COR OF LOT 500 TH N 89 DEG E ALONG N LINE OF LOT 500 204.37 FT FOR POB TH CONT N 89 DEG E 8.6 3 FT TH S 160 FT TH S 89 DEG W 6.97 FT TH N 160 FT TO POB LESS N 13 FT FOR R/W