937 SE 23rd Place Unit 1-5
Cape Coral, FL 33990

  • 10 beds
  • 5 baths
  • – sqft
  • 1979 build
  • on site

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.

Florida Gulf Coast Multiple Listing Service logo Listing courtesy of FGCMLS / Beycome of Florida LLC

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# 224027974 —

This property is listed in more than one place. See it here.

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Multifamily

$1,250,000

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937 SE 23rd Place Unit 1-5

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This multifamily located in Hancock, Cape Coral, FL 33990 is currently pending sale for $1,250,000. 937 SE 23rd Place Unit 1-5 is a – square foot multifamily with 10 beds and 5 baths that has been on Estately for 50 days. 937 SE 23rd Place Unit 1-5 is in the Hancock neighborhood of Cape Coral and has a WalkScore® of 3, making it car-dependent. This multifamily is in the attendance area of Caloosa Middle School, Caloosa Elementary School, Hancock Creek Elementary School, North Fort Myers High School, Tropic Isles Elementary School, Hector A. Cafferata Jr Elementary School, Diplomat Elementary School, Diplomat Middle School, Mariner Middle School, and Mariner High School.

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Listing Courtesy of: FGCMLS and Beycome of Florida LLC. Data displayed here has not been verified by Estately. Disclaimers

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