About 9502 Banyan Avenue
Turnkey Tampa Income Portfolio: 9 (NINE) Properties with Immediate Cash Flow Primed for Growth in Tampa. A Premier Turnkey Rental Portfolio: 9 Properties | 12 Units | 100% Occupied | Tampa, Florida **An unparalleled opportunity to acquire a fully-stabilized, income-generating portfolio of 9 properties (12 units) strategically located throughout Tampa, Florida. Offered by retiring owners, this meticulously assembled collection represents a rare chance for an investor to achieve immediate and significant scale in one of the nation's most dynamic rental markets. **The portfolio is 100% occupied and generates a substantial Gross Annual Income of $190,380. This offering provides a secure, cash-flowing asset from day one, coupled with clearly defined, multi-faceted avenues for future value creation. **Portfolio Composition & Strategic Strengths: This is not a homogenous collection of assets; it is a strategically diversified portfolio designed for resilience and optimized returns. **Asset Class Diversity: The portfolio includes a robust mix of single-family residences, duplexes and one commercial property, minimizing concentration risk and appealing to a broad tenant base. **Durable Construction: A significant majority of the properties feature low-maintenance, high-durability block construction, ensuring reduced long-term capital expenditures and operational ease. **Immediate & Stable Returns: With all 12 units currently leased to tenants, the portfolio eliminates initial lease-up risk and provides immediate, predictable cash flow upon acquisition. **The Value-Add Proposition: Unlocking Embedded Equity Beyond its stable in-place income, the portfolio is primed for significant growth through two key value-add strategies: **Revenue Growth Through Property Enhancement: A new owner has the opportunity to increase revenue by making strategic property improvements. Many units provide a strong foundation for cosmetic and functional upgrades that can enhance their appeal and market position. By investing in these enhancements, a new owner can justify higher rental rates, leading to a direct increase in net operating income and the portfolio's overall value. **Unique Zoning & Development Potential: The portfolio includes a unique mixed-use property (3417 E Lake Ave) with valuable Commercial Intensive (CI) zoning. This asset is a strategic long-term holding that offers exceptional flexibility. While currently generating residential income, the CI zoning opens future possibilities for higher-yield commercial use, a live/work redevelopment, or a small business operation, representing significant embedded value beyond its current function. **Conclusion: An Unmatched Acquisition Opportunity This 9-property portfolio is an ideal turnkey investment for a buyer seeking to establish a strong presence in the Tampa market. It offers a powerful combination of features: 1) stable, immediate cash flow, 2) clear opportunities to add value, and 3) a diversified asset base in a high-growth market. This is a rare opportunity to acquire a well-established portfolio built for long-term performance.
Features of 9502 Banyan Avenue
| MLS® # | TB8428982 |
|---|---|
| Price | $3,246,000 |
| Bedrooms | 35 |
| Bathrooms | 16.00 |
| Square Footage | 11,804 |
| Acres | 0.17 |
| Year Built | 1988 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Listing Details
| Office | KELLER WILLIAMS SOUTH TAMPA |
|---|
Listing Map
Neighborhood Information for 9502 Banyan Avenue
Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Center For Education School Of The Arts Private - 1St Grade to 12Th Grade |
0 Miles | |
|
Sulphur Springs Elementary School Public - Preschool to 6Th Grade - Closest Elementry School |
1 Miles | |
|
Dr Carter G Woodson Pk-8 Leadership Academy Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Mount Pleasant Standard Base Middle School Public - Kindergarten to 8Th Grade |
1 Miles | |
|
New Springs Schools Public - Kindergarten to 8Th Grade |
1 Miles | |
|
Morning Star School Tampa Catholic - 1St Grade to 8Th Grade |
1 Miles | |
|
Witter Elementary School Public - Preschool to 5Th Grade |
1 Miles |
School data provided by GreatSchools
