$1,750,000

1031 SE 9th ST 2-3,6-9,10,11,13,14,16, Cape Coral, FL 33990

Property Description

Calling all investors! Not in a Flood Zone! 11-unit package fully occupied less than 2% vacancy Great rental potential and return on investment. Located near commercial park and Cape Coral Hospital and surrounding medical facilities. All unit of the units are a one bedroom one bath condo with a large living room, open kitchen with eat in countertop and large bedroom with walk-in closet and Tile floors throughout. Washer and dryer hook-up. Condo fees include water, sewer, and trash. Hurricane windows, and nicely updated interior, New Roof, Newly Asphalt driveway installed. This opportunity will surely not last in today's market. Owner has 12 Units that are rented in this community and kicking off fantastic annual revenue at a 7% CAP rate.

Overview

Property Status

For Sale

MLS ID

2026009485

Property Type

Commercial

Year Built

1984

Features & Amenities

Architecture Styles

Low Rise

Water Frontage

None

Stories

1

Utilities

Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available

Sales Price

$1,750,000

Real Estate Tax

$18,000/yr

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for your interest in 1031 SE 9th ST 2-3,6-9,10,11,13,14,16, Cape Coral, FL 33990

1031 SE 9th ST 2-3,6-9,10,11,13,14,16

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1031 SE 9th ST 2-3,6-9,10,11,13,14,16, Cape Coral, FL 33990