Photo 1 of 10
$300,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
0.00 |
1,500 |
$3,540.95 |
1964 |
On the market:
26 days
|
View full details, 15 photos, school info, and price history
Under contract-accepting backup offers. 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 you’re 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!
Listing courtesy of Thomas Flannery, MCBRIDE KELLY & ASSOCIATES