487 Mississippi Ave, FORT MYERS, FL 33905
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- MLS#: 225030374 ( Commercial Sale )
- Street Address: 487 Mississippi Ave
- Viewed: 5
- Price: $2,495,000
- Price sqft: $0
- Waterfront: No
- Waterfront Type: None
- Year Built: 1958
- Bldg sqft: 0
- Additional Information
- Geolocation: 26.6709 / -81.8171
- County: LEE
- City: FORT MYERS
- Zipcode: 33905
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DescriptionExceptional Investment Opportunity. This is a bundle of 10 Residential Properties with at least 7% Cap Rate. Take advantage of this outstanding cash flowing investment opportunity strategically located near downtown Fort Myers and the historic River District. This portfolio is perfect for investors looking to enhance their assets with reliable, revenue generating properties. The portfolio includes 10 properties total, 8 are fully leased, with annual contracts, providing stable and consistent cash flow, and 2 are currently vacant. The two properties that are currently vacant are: 12313 3rd St, which previously rented for $2,800 per month, and 1015 Alderman, which rented for $3,200 per month. Both offer immediate potential for income generation. Many of the homes in this bundle have been thoughtfully updated, showcasing new flooring, modern kitchens, fresh exterior paint, and several properties boasting brand new roofs. Each home represents an incredible opportunity for investors aiming to expand their portfolios with high quality, income producing properties. Dont miss out on your chance to secure this lucrative investment with strong returns. For further details, please refer to the remarks. Act quicklyopportunities like this are highly sought after and wont last long!
Property Location and Similar Properties
Features
Waterfront Description
- None
Close Date
- 0000-00-00
Inclusions
- Building And Land
Parcel Number
- 04-44-25-15-0000D.0100
Property Type
- Commercial Sale
Tax Year
- 2024
Utilities
- Electricity Connected
- Sewer Connected
Year Built
- 1958
Zoning Code
- TFC-2