Naples Multifamily For Sale 7.93 Cap
$550,000
For Sale
4369
Property ID
2,314 SqFt
Size
Description
AddressÂ
2201 Sunshine Blvd, Naples, FL 34116
Details
Property TypeMultifamily
Sub Types
Square Footage2,314
Price/Sq Ft$237.25
Cap Rate7.93%
Occupancy100%
NOI$43,530
Units4
Year Built2005
Buildings1
Stories1
ZoningMultifamily
Price/Unit$137,250
Marketing Description
Golden Gate City Newer 2005 duplex with two additional non conforming units for additional income.P
Projection for 2020
Sunshine Income 57,600
Repairs and Maintenance
Landscaping 700
Insurance 1,570
Property tax 3,950
Total 6,220
Utilities
FPL 3,600
Water 2,000
Total 5,600
Total Exp 11,820
G profit 45,780
Buying price at 8.5% 550,000
Sunshine Income 57,600
Repairs and Maintenance
Landscaping 700
Insurance 1,570
Property tax 3,950
Total 6,220
Utilities
FPL 3,600
Water 2,000
Total 5,600
Total Exp 11,820
G profit 45,780
Buying price at 8.5% 550,000
Investment Highlights
- Sold As Is with right to inspect
- 4 occupied units (2) non conforming
Address
Address:
2201 Sunshine Blvd, Naples, FL 34116, USA
- Province / State: Florida
- City / Town: Naples
- Postal code / ZIP: 34116
- Property ID 4369
- Price $550,000
- Property Type Duplex/Triplex/Fourplex
- Property status For Sale
- Year Built 2005
- Size 2,314 SqFt
- Number of Units 4