937 SE 23rd Place Unit 1-5 Cape Coral, FL 33990
10 bed / 5 bath / 16,814 Sq. Ft., 0.386 acres lot size / Fourplex
Status: Sold
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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.
property details
Type
Fourplex
Status
Closed
County
Lee
Year Built
1979
Lot Size
16,814 Sq. Ft., 0.4 acres
Listing Id
224027974
Courtesy Of
Steven Koleno - Beycome of Florida LLC +1 804 656 5007
List Office Phone
+1 804 656 5007
Subdivision
CAPE CORAL
Interior Features
Flooring
Tile
Laminate
Laminate
Beds
10
Full Baths
5
Bathrooms Total
5
Exterior Features
Roof
Shingle
Lot/Land Description
Other
Stories
1
Utility & Building Info
Parcel Number
20-44-24-C2-01399.0030
Cooling
Central Air
Electric
Electric
Heating
Electric Heating
Central
Central
Tax Amount
7037
Architectural Style
Ranch
1 Story
1 Story
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Price History
| date | event | price | source |
|---|---|---|---|
|
05/18/2024
05/18/2024
|
Sold |
$1,065,000
|
Florida Gulf Coast MLS |
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Market Trends
Source: Constellation1
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