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1302 NE 4th Ter - EMERSON TRUST- SIX Home Package 6 Unit Apartment Building Offered at $1,819,803 CAD at a 7.53% Cap Rate Cape Coral, FL 33909
Investment Highlights
- SIX Single Family HOMES - Professional Property Management in place with over 25-year History!!
- 4 of the Homes are on CITY WATER/SEWER!!
Executive Summary
SIX Single Family HOMES in Cape Coral Florida! One is on a Fresh water canal with a POOL and valued @ over $300,000! The other 5 homes are valued @ about $250,000. 4 of the homes are on City water, sewer & irrigation and assessments are PAID! (a $25,000 value per home!). All 6 homes are 3/2/2 and two have metal roofs! Professional Property Management is in place with over 25 years of History. A few of the homes need some TLC, but all are either LEASED or in condition to lease.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Range
- Walk-In Closets
- Window Coverings
Site Amenities
- Pool
- Waterfront
- Lake Access
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | $2,712 CAD | 1,200 - 1,800 |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 07-44-24-C2-03579.0190 | Total Assessment | $342,116 CAD |
| Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
07-44-24-C2-03579.0190
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$342,116 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
Contacts
-
Larry Simons -
Darlene Simons -
Candy Shively
-
Martin Risden
-
Home Hunters USA, Inc
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Photos
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Street
Map
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1302 NE 4th Ter - EMERSON TRUST- SIX Home Package
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