Incredible investment opportunity in the heart of Fort Myers, FL. Ten (10) condo units are included in this package; all are two bedrooms with one full bath. All units are currently occupied with annual leases in place. Partial remodel in eight out of ten units. Rents are near market value, generating a very healthy NOI. Roofs were replaced in 2020, and the parking lots were resurfaced in Feb. '23.
Financial Considerations
Price:
$1,200,000
HOA Fee:
N/A
Tax Amount:
$12387.59
Price per SqFt:
$177.25
Tax Legal Description:
BANYAN TREE OF FT MYERS CONDO DESC OR BK 1722 PG 4113 COMMON ELEMENTS