• Listing status icon

    $1,650,000

  • Active | MLS#: U7785533
  • 12,744Sq Ft

RUSKIN, FL 33570

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Overview

2+ acre commercial multi-use property with 11 rental motel rooms, 2 coin operated car wash facilities, one (1) 3,200 sq. ft. steel storage building with two (2) 14' overhead doors, and one (1) 2/2 renovated mobile home. Operations proforma NOI of $180,000 achievable within 90-120 days of acquisition. INVESTMENT HIGHLIGHTS Cash flow from 11 room motel (80% - 90% average monthly occupancy), self-serve car wash, automated car wash, and renovated 2/2 mobile home generate in-place NOI of $160,000. Significantly under market room rental rates and car wash automated/self-serve charges can be quickly marked-to-market by new owner for near-term revenue increases. Restored to full-use and marked to existing market rates, this one-of-a-kind mixed use commercial asset provides an impressive 16% cash-on-cash return within 3-6 months of acquisition.

Listing provided courtesy of: Keller Williams St Pete Realty

General Features

  • Property Style Five or More
  • Year Built 1953
  • Township 32
  • Taxes 12617
  • Tax Year 2015
  • MLS Area Major Ruskin/Apollo Beach
  • Housing For Older Persons N/A
  • Financing Available Cash, Conventional, Special Funding
  • County Or Parish Hillsborough

Building Features

  • Air Conditioning Wall Units/Window
  • Heatingand Fuel Wall Units / Window Unit
  • Garage Dimensions 40x80
  • Garage Carport 5+ Car Garage
  • Garage Features Open Parking
  • Sq Ft Heated 12,744
  • Total Number Buildings 7
  • Roof Metal, Shingle
  • Pool Type In Ground
  • Pool Private

Property Features

  • Total Acreage Two + to Five Acres
  • Lot Size Acres 2.29
  • Lot Size Sq Ft 99855
  • Lot Num 007121
  • Location Close to Bus Line
  • Lot Dimensions 315x317
  • Exterior Construction Block
  • Exterior Features Parking - Rv/Boat, Rental Apartment, Sidewalk
  • Utilities Electric, Public Utilities

Schools

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Price & Status History

Days on Market

  • This property has been listed on the market for 248 days

Location

The property map location is: Generalized, identified to the zip code.

Walk Score

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33570 (RUSKIN)

  • Housing Occupancy

    Home Owners
    6,521
    59%
    Renters
    2,340
    21%
    Vacant
    2,263
    20%
    Total Housing Units
    11,124
  • Households

    Average Household Size
    2.9
    Housing Density (People per square mile)
    654

Age Range (number of people)

Age 0-14
6,443
Age 15-24
3,853
Age 25-39
4,886
Age 40-59
5,296
Age 60-79
3,803
Age 80+
1,476
Total
25,757

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33570 (RUSKIN)

Public Schools in Zip Code 33570 (RUSKIN)

* This list of schools may not match the property above.

  • LENNARD HIGH SCHOOL
    2002 EAST SHELL POINT RD RUSKIN, FL 33570
    Phone: 8136415611
    9th-12th
  • Grade Size Distribution
    • 9th
    • 433
    • 10th
    • 333
    • 11th
    • 306
    • 12th
    • 169
    • Teachers: 87
    • Students per Teacher: 14.3
    • Students: 1241
    • Male/Female: 611/592
    • District: HILLSBOROUGH, 901 EAST KENNEDY BLVD TAMPA, FL 33602
    • Phone: 8132724050
    • Schools: 313
    • Full-Time Teachers: 13986
    • Students per Teacher: 13.7
    • Staff: 25892
    • Students: 192007
  • SOUTH COUNTY CAREER CENTER
    2810 JOHN SHERMAN WAY RUSKIN, FL 33570
    Phone: 8132333335
    8th-12th
  • Grade Size Distribution
    • 8th
    • 23
    • 11th
    • 239
    • 12th
    • 31
    • Teachers: 20
    • Students per Teacher: 14.7
    • Students: 293
    • Male/Female: 151/139
    • District: HILLSBOROUGH, 901 EAST KENNEDY BLVD TAMPA, FL 33602
    • Phone: 8132724050
    • Schools: 313
    • Full-Time Teachers: 13986
    • Students per Teacher: 13.7
    • Staff: 25892
    • Students: 192007
  • RUSKIN ELEMENTARY SCHOOL
    101 EAST COLLEGE AVE RUSKIN, FL 33570
    Phone: 8136715177
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 41
    • Knd
    • 162
    • 1st
    • 136
    • 2nd
    • 134
    • 3rd
    • 146
    • 4th
    • 134
    • 5th
    • 117
    • Teachers: 75
    • Students per Teacher: 11.6
    • Students: 870
    • Male/Female: 414/415
    • District: HILLSBOROUGH, 901 EAST KENNEDY BLVD TAMPA, FL 33602
    • Phone: 8132724050
    • Schools: 313
    • Full-Time Teachers: 13986
    • Students per Teacher: 13.7
    • Staff: 25892
    • Students: 192007
  • Private Schools in Zip Code 33570 (RUSKIN)

    * This list of schools may not match the property above.

    • RUSKIN CHRISTIAN SCHOOL
      820 College Ave W Ruskin, FL 33570
      Phone: 8136456441
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 66
      • Knd
      • 19
      • 1st
      • 20
      • 2nd
      • 12
      • 3rd
      • 5
      • 4th
      • 6
      • 5th
      • 16
      • 6th
      • 11
      • 7th
      • 10
      • 8th
      • 9
      • 9th
      • 9
      • 10th
      • 9
      • 11th
      • 6
      • 12th
      • 10
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 208

    * School data provided by US Department of Education


Listing information provided in part by the IDX Program of MFRMLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 3/26/2017 12:43 PM PST.

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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional