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MRS Promises LLC 4120 3rd Ave NW Apartment Building $5,166,100 CAD Naples, FL 34119
Investment Highlights
- Over $500,000+ Potential Annual Revenue
- Fully Renovated, Resort-Style Estate
- Prime Location + Expansion Opportunity
Executive Summary
INVESTORS—TAKE NOTICE OF THIS EXCEPTIONAL OPPORTUNITY! This income-producing property offers over $500,000+ in potential annual gross revenue. Fully renovated and well-established, this 26-bed, state-of-the-art sober living facility is ideally located in Collier County, surrounded by highly regarded treatment centers including Hazelden Betty Ford and David Lawrence Centers, among others. The property is county-approved for an additional 1,800 sq ft structure, allowing for expansion as additional residential living, a treatment facility, or an IOP program—creating even greater income potential. Known as The Retreat at Primary Purpose, this residence has redefined sober living in Southwest Florida by fostering a true sense of community while delivering exceptional support and services. Alternatively, the property offers flexibility for use as a home care facility or even a large-scale vacation rental (VRBO/Airbnb), just minutes from the renowned beaches of Naples, Florida. Nestled within the prestigious Collier Woods subdivision, the property is accessed by a 400-foot winding driveway and surrounded by lush, private landscaping. Outdoor features include illuminated trees throughout, a fire pit, three brick paver patios, and a pool—creating a true resort-style setting. The surrounding estate homes further enhance the appeal of this exclusive location. Inside, the home showcases cathedral ceilings and an expansive layout featuring 10 bedrooms, 6 bathrooms, and 3 kitchens, along with a newly constructed addition boasting 11-foot ceilings, hurricane-impact windows and doors, and generously sized living spaces. Additional highlights include a state-of-the-art water filtration system, two septic systems, two new AC units, high-end cabinetry with granite countertops, floor-to-ceiling tiled bathrooms, and an impressive indoor/outdoor lighting system. The property also offers engineered parking for up to 20 vehicles. Seller is offering an optional 36-month leaseback at $13,000/month, providing immediate, stable income for investors.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$679,750
|
$130.77
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $679,750 |
| Annual Per SF | $130.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $5,166,100 CAD | Building Class | B |
| Sale Type | Investment or Owner User | Lot Size | 2.73 AC |
| Sale Condition | Business Value Included | Building Size | 5,198 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1985/2025 |
| Zoning | E | ||
| Price | $5,166,100 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 2.73 AC |
| Building Size | 5,198 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2025 |
| Zoning | E |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 36666040009 | Improvements Assessment | $262,582 CAD |
| Land Assessment | $854,570 CAD | Total Assessment | $1,117,152 CAD |
Property Taxes
Parcel Number
36666040009
Land Assessment
$854,570 CAD
Improvements Assessment
$262,582 CAD
Total Assessment
$1,117,152 CAD
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MRS Promises LLC | 4120 3rd Ave NW
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