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Sqft
Area Size

1984
Year Built

Active

1031 SE 9th ST, Cape Coral, FL 33990

$1,750,000

Description

Calling all investors! Not in a Flood Zone! 12-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.