Discover a prime investment opportunity in Cape Coral, FL! This stunning multifamily building, constructed in 2021, features six fully rented units with modern amenities and an unbeatable location. The property offers two unit types, (2) 2-bedroom, 2-bath units with 1,051 sq. ft. and (4) 2-bedroom, 2-bath units with a den and 1,139 sq. ft. Granite countertops, stainless steel appliances, washer/dryer and hard flooring throughout. Located on a canal with 12 parking spaces for tenant convenience. Proximity to lifestyle essentials such as schools, shopping centers, restaurants, entertainment, gyms, and parks. Situated just off Nicholas Parkway and Pine Island Road, this two-story property ensures excellent access and convenience. Don’t miss out on this meticulously maintained building.
319 Nicholas Pkwy W, Out of Area, FL, 33991
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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