Business Listing
|
Listing No:
|
92901195
|
|
Category:
|
Real Property Related: Apartment Building
|
|
Description:
|
8 Plex with solid rental numbers
|
Business Details
|
Revenues:
|
$54,240
|
|
Adjusted Cash Flow:
|
$37,426
|
|
Selling Price:
|
$399,000
|
|
Down Payment:
|
$121,500
|
|
General Location:
|
North Fort Myers
|
Executive Summary
Ground level apartment building, quiet street, easy walking distance to Leetran bus stop, shopping, laundry mat, pizza, etc. Five 2 bed / 1 bath and three 1 bed / 1 bath units. New roof 2005. APOD on request. Just off Business 41, south of Weaver's Corner. Owner must sell due to health reasons. CAP rate 9.38 /GRM 7.85. PLEASE DO NOT BOTHER TENANTS.
