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Exceptional mixed use investment property with fantastic location directly across from Del Prado and close to the water. Minutes to downtown Ft. Myers. Offering consists of 5 apartments on 2nd floor (1,326sf each) and 5 retail or office condos on 1st floor (1,326sf). All units are improved and in great condition (CBS construction). 27 parking spots. Built 2006. All apartments are 2 Bed/ 2 Bath + lanai; high tray ceilings, Italian Villa style with arched bays and grand columns in warm colors / stucco. Units have their own garage (1-2 spots). Luxury touches everywhere. California closets, front loading washer/dryer, granite countertops, glass shower enclosure, tall wood cabinets. Nice private balcony off the master bedroom.
Roofstock is proud to be marketing this single family rental home in Cape Coral. Contact me today to find out about other cash flowing single family rentals! 8.8% Gross Yield
Well located, fully leased Cape Coral six-plex south of Cape Coral Pkwy. Convenient downtown location close to shopping, restaurants & public transportation. Unit mix consists of Two-2 Bed/2 Bath, Two-1 Bed/1 Bath and Two-Efficiency units. Well maintained with parking for 8 vehicles. CBS Construction, 3-tab shingle roofs and all PVC supply piping. On-site laundry produces additional monthly income.
GREATEST WATERFRONT CANAL LOCATION . DIRECT ACCESS TO THE GULF of MEXICO, breathtaking VIEW.VACATION AMBIANCE, relaxing & quiet; BRING YOUR BOAT AT YOUR DOOR, choose your unit, within this 240 feet Waterfront Cape Coral 12 X 2/2 units of +-1250sf + 148sf screen porch IN 3x-2 story buildings of 4 units each, 5 boat docks (10 slips)& water/sewer hookup; Large in ground pool open kitchen. PARC IN Front of the buildings, parking +-30 spaces in front. Central a/c, individual unit billing utilities ( electricity and water). Renovations; New ROOF shingle building #2, New modern Ext& Int paint,4 New Ac ,Reconditioned 8 units, Lattices redone, Rails redone in factory with magnetic paint, New soffit & fascia in all 3 buildings, New doors, ALL New toilets, most baths refreshed, some units with new ceramics tiles, some units with new carpeting. Some with existing terrazzo. New pool pump, electricity & plumbing partly redone. Property GREAT INCREASE POTENTIAL rent . ACTUAL ANNUAL ACTUAL INCOME $ 170400. ($900- $1000-1,100)financial; gross potential $170400 -10% vacancy - $61320 expenses - management 8% $13632 , total expenses $74952 , NOI $78, 408 .