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319 Nicholas Pky W 6 Unit Apartment Building $2,453,938 CAD ($408,990 CAD/Unit) 5.30% Cap Rate Cape Coral, FL 33991
EXECUTIVE SUMMARY
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.
(4) 2-bedroom, 2-bath units with a den and 1,139 sq. ft.
Upgraded interiors: Granite countertops, stainless steel appliances, and hard flooring throughout.
Amenities: Located on a canal, with 12 parking spaces for tenant convenience.
Proximity to lifestyle essentials: Near 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 with high rental demand.
Two unit types:
(2) 2-bedroom, 2-bath units with 1,051 sq. ft.
(4) 2-bedroom, 2-bath units with a den and 1,139 sq. ft.
Upgraded interiors: Granite countertops, stainless steel appliances, and hard flooring throughout.
Amenities: Located on a canal, with 12 parking spaces for tenant convenience.
Proximity to lifestyle essentials: Near 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 with high rental demand.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
- Display Window
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Eat-in Kitchen
- Granite Countertops
- Den
- Dining Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | $2,489 CAD | 1,051 - 1,139 |
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PROPERTY TAXES
| Parcel Number | 14-44-23-C4-01957.0610 | Total Assessment | $1,175,433 CAD (2025) |
| Land Assessment | $123,593 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $998,817 CAD (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
14-44-23-C4-01957.0610
Land Assessment
$123,593 CAD (2025)
Improvements Assessment
$998,817 CAD (2025)
Total Assessment
$1,175,433 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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319 Nicholas Pky W
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