Prime Investment Opportunity: ±33, 242 SF Flex Space in Naples, FL - Ideal for 1031 Exchange
Fully Leased, Secure Income Stream
This ±33, 242 square foot flex space in Naples, FL offers a prime investment opportunity for buyers looking to execute a 1031 tax exchange. The property is strategically located just minutes from I-75 and Collier Boulevard, providing excellent accessibility.
Key Investment Highlights:
Fully Leased: The property is currently leased to a reputable defense contractor, providing a stable and predictable income stream. The lease has approximately four years remaining.
Versatile Layout: The space is divisible into 22 individual units, each measuring approximately 1, 500 square feet. This flexibility allows for potential future expansion or adaptation to changing market demands.
Modern Amenities: The property features modern amenities, including 22 electrical panels, air conditioning units, and bathroom rough-ins, making it well-suited for a variety of commercial uses.
Strong Growth Potential: Naples, FL is a thriving market with a growing population and robust economy. The property's strategic location and versatile design position it for future appreciation and value growth.
Don't miss out on this exceptional investment opportunity!
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,684,818 | $7,684,818 | $7,684,818 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $4,177 | $4,177 | $4,177 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,844 | $49,207 | $68,004 |
Total Monthly Payment | $54,146 | $53,509 | $72,306 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.