Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
4,443
Five unit Waterfront Multifamily property located along Skyline Blvd in a Desirable SW Cape Coral Location. The Unit Mix Includes (4) 2BR/1BA units and (1) 1BR/1BA unit. Well Maintained with a new Roof in 2023 and new Kitchens & Bathrooms in some units. Four units enjoy private screened lanai's with water views. The property enjoys a stable, long term rent roll where rent increases have been modest. Upside potential exists by bringing rents to current market values. The Property sits directly across the street from a Wal-Mart Grocery store as well as other small retail venues. There are 9 Parking Stalls providing ample tenant parking. The property is located within close proximity to Public Transportation. Tremendous Population growth in Cape Coral is well documented and rental demand is strong.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Waterfront
-
Lot Size(acres)
0.344
-
Property Type
Commercial Sale
Price
-
Sales Price
$689,000
-
Tax Amount
8341.67
-
Sq. Footage
4, 443
-
Price/SqFt
$155
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
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Location
County
Lee
Elementary School
Middle School
High School
Listing Courtesy of Rob Greig , Jo Hardwick Realty Inc
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Agent | Realtor®
Julia McCabe
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