$1,250,000
Multi Family
For Sale
Closed at $1,065,000
$252.17/sf
Closed - Multi Family for sale
Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.
This offering presents the opportunity to acquire 23rd Place Apartments, a fully occupied, 5-unit multi-family investment located in Cape Coral, Florida (1 of the fastest growing cities in America, ranked by multiple publications) This property offers a unit mix of (2) bedroom/ (1) bathroom apartments, each unit a spacious 945 sf up to 1,010 sf, for a building total of 4,957 square feet. All units offer low maintenance tile or LVP floors throughout, screened-in lanai, individual laundry rooms for full size washer, dryer and storage. All units are individually metered (water & electricity) for minimal landlord expenses. Capital Improvements in 2023 include brand new roof, full exterior paint, parking lot sealing and striping, air conditioning and plumbing upgrades. Interiors include all new vanities, fresh interior paint, misc plumbing, electrical and other hardware upgrades. The building comes turn-key, fully leased, all tenants on 12-month leases. There is strong local rental growth and opportunity for future rental income increases to market. There are 8 parking spaces on-site. Listing photos are prior to tenant occupancy
MLS: #224027974
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Status: Closed
Listed Date: 03/25/2024
Days On Market: 260
Lot Size (Acres): 0.39
Lot Size (Square Feet): 16814
Availability Date: 2024-03-25
Association Amenities: Porch, Lawn, Washer in building, Oven, Refrigerator
Parking Total: 8
Year Built: 1979
Flooring: 18
Utilities: 1
Parcel Number: 20-44-24-C2-01399.0030