937 SE 23rd PL, #1-5, Cape Coral, FL, 33990
10 beds
5 Full baths
1979
1 Story/Ranch
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.
Status:
Pending
Type:
Residential Income
Buildling Design:
Quadraplex
Units:
0
Zoning:
R3-D
Subdivision:
CAPE CORAL
Development:
CAPE CORAL
Heating:
Central Electric
Cooling:
Central Electric
Acreage:
0.39
Est. Taxes:
$7,038
Lot Description:
Other
Community Type:
Non-Gated
Amenities:
None
Boat Access:
None
Days on Market:
29
Pet Policy:
With Approval
MLS #:
224027974
Community Info
School Info
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Listing courtesy of Beycome of Florida LLC Phone: 804-656-5007