Sue Jemison
6258 Presidential COURT, Fort Myers, FL, 33919
11 beds
1984
5,633 sqft
Seller financing available with 60% down. Open to creative options/terms. Everyone who has been looking for value add multifamily listen up! This is the diamond in the rough you've been searching for with an amazing location right off of college parkway, located right next to multiple colleges, high end dining, shopping, and lifestyle. Easy commute to Cape Coral, Sanibel Island, and Fort Meyers beach. This property will be a cash cow! Ideal for an investor/builder/developer, if you are all 3 you are sure to make a killing on this deal. Property was previously an office building; it currently sits as a blank canvas ready to be put together. It has been re zoned for an 11-unit apartment complex. The proposed plan has (3) one bedroom 1 baths, (4) 2 bedroom and 1 bath, and (4) studio units. Estimated cost of construction to build the project is $750,000. Plans and permits to build out the 11 units are included in the sale and can be shared with prospective buyers. You can make this student housing, Airbnb's, long term rentals or a mix. Renderings are what the property can look like, the buyer can modify it to his/her liking. All income, expenses, unit sizes and construction costs are estimates by the owner and broker. Buyer is responsible to do his/her own due diligence.
Status:
Active
Type:
Multi-family
Laundry Remarks:
None
Units:
11
Subdivision:
EXECUTIVE PARK PH 02
Garage:
Open
Heating:
Central
Cooling:
Central Air
Lot Size:
213 x 137
Acreage:
0.63
Est. Taxes:
$6,827
Construction
Block
Utilities
Electricity Available, Sewer Available, Water Available
Lot Description:
Oversized Lot, Sidewalk
Days on Market:
14
Min Lease Term:
1-7 Days
MLS #:
TB8323787
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of CENTURY 21 RE CHAMPIONS Phone: 727-398-2774