List Search

Seven Property Multi-Family Portfolio
Cape Coral, FL Hancock

$3,499,000 USD

Multifamily For Sale  •  25,982 SF

7 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 8.68 %
0 Transit Score
58 Walk Score

Highlights

100% occupied, seven-property multifamily portfolio consisting of four quadplexes and three duplexes
Current annual gross rental income of $447,360 with a cap rate of 8.68%
Total of 22 units, with an average monthly rent of $1,695 per unit ($1.73 PSF)
21,708 Sq. Ft. total with an average unit size of 987 Sq. Ft.
Well-maintained under long-term ownership with ongoing capital improvements
Seller may consider offers for smaller portfolio groupings based on geography or asset type

Property Flyers

Cap Rate: 8.68 %

Public Transportation

AirportDriveWalkDistance
Southwest Florida International 34 min - 19.6 mi
Punta Gorda 33 min - 22.6 mi
Alec Burke 239-489-4066 LSI Companies, Inc.
Alec Burke 239-489-4066 LSI Companies, Inc.