1 / 10$799,000 list price
location_onBONITA SPRINGS, FL 34134 · Lee County
Two 3-Unit Buildings Included in this Offering. 27581 Imperial Shores Blvd (1882sf) and 27585 Imperial Shores Blvd.(1576sf) Each building is fully leased so great investment opportunity! Pro Forma 2021 Included in Photo File. These two adjacent properties have a dock and are located on a canal fifty yards from the Imperial River and a mile from Bonita Beach. This ideal location on a dead end street in a quiet neighborhood has attracted some million dollar homes, and is a short ride or healthy walk to the beach. These two homes have been converted into six rental units that are so popularly priced that the tenant demand exceeds supply. They can literally be rented in a day. The Annual Gross Rents are $63,000 with a 5+% Cap Rate based on the sale price. If the purchaser is also seeking a personal residence on the water, near shopping and the beach, and likes boating and fishing, one of the apartments or the whole house could be customized while the remaining units pay the mortgage! This could be a great opportunity for a full time or part time resident/investor.
Flooring
Cooling
Heating
Construction
Roof
Waterfront
$159,800 down
Loan amount $639,200
Estimated monthly principal & interest
$4,040
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
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