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Saltgrass Flats 616 SW 47th Ter 6 Unit Apartment Building $1,037,535 CAD ($172,923 CAD/Unit) 5.72% Cap Rate Cape Coral, FL 33914
INVESTMENT HIGHLIGHTS
- The largest employer is Lee Health, with more than 14,000 workers employed through the organization’s many locations in the region.
- The metro is home to spring training facilities for the Boston Red Sox and Minnesota Twins, drawing tourists from New England and the Midwest.
- Regional and national retailers, such as Publix, Winn-Dixie, Walmart and Home Depot, support tens of thousands of jobs in Lee County.
PROPERTY FACTS
| Price | $1,037,535 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $172,923 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Cap Rate | 5.72% | Building Size | 5,762 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | ||
| Zoning | multi family | ||
| Price | $1,037,535 CAD |
| Price Per Unit | $172,923 CAD |
| Sale Type | Investment |
| Cap Rate | 5.72% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 5,762 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | multi family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 11-45-23-C4-01699.0490 | Improvements Assessment | $650,321 CAD |
| Land Assessment | $115,540 CAD | Total Assessment | $791,801 CAD |
PROPERTY TAXES
Parcel Number
11-45-23-C4-01699.0490
Land Assessment
$115,540 CAD
Improvements Assessment
$650,321 CAD
Total Assessment
$791,801 CAD
CONTACTS
-
Dillon Majeski -
Daniel Cunningham -
Evan Richardson -
River Rhoads -
Cory Sanchez -
Marcus & Millichap
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Saltgrass Flats | 616 SW 47th Ter
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