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240/242 Mariana Ave | North Fort Myers FL | 6100724760

Frank

This listing was posted on c21listsmart.com (via LinkURealty).

$760,000

7 units on 3 pictureque acres

Price:
$760,000
BR/BA:
10+ BR, 8 BA
Location:
240/242 Mariana Ave, North Fort Myers, FL
Description:

Rare 3 acre multifamily parcel with 7 including: 1 three bedroom / two bath concrete block home and 6 one bedroom one bathroom concrete block homes. All units have been renovated on the exterior including new or newer roofs and 5 of the 7 units have been completely remodeled inside with high end finishes. 6 of the 7 units are rented annually for a gross of $5,950/mo with exception of the 7th unit used by the manager. Manager's unit does not contribute to gross rent since he is providing manager services. Gross annual rent without manager's unit is $71,400. Rents are moving up upon renewals starting in May and units are in high demand for the area. No COVID delinquencies have been experienced throughout 2020 and proof can be shown in bank statements.This property was under contract previously with a buyer who was attempting to complete a 1031. Their 1031 fell through so they could not close, but they did do the inspections which we can forward to your client. Financials can also be forward upon request.
Property Type:
Multi-Family Residences for Sale
Sq feet:
4,926 sq. ft.
Year:
1964
For sale by:
Agent/Broker
Agent Name:
Frank
Posted:
April 6 on LinkURealty
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More About this Listing: 7 units on 3 pictureque acres
7 units on 3 pictureque acres is a 10+ BR Eight Bath Multi-Family Real Estate for Sale at 240/242 Mariana Ave in North Fort Myers FL. Find other listings like 7 units on 3 pictureque acres and listings near 240/242 Mariana Ave by searching Oodle Classifieds for 10+ BR Eight Bath Multi-Family Real Estate for Sale in North Fort Myers FL.