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937 SE 23rd Pl 5 Unit Apartment Building $1,399,268 CAD ($279,854 CAD/Unit) Cape Coral, FL 33990
Investment Highlights
- New Windows
- New A/C units
- New Parking Lot
Executive Summary
MRG Realty Partners LLC presents another prime investment opportunity in a thriving area of Cape Coral. This five-unit apartment building at 937 SE 23rd Place offers a fully leased, multi-family asset with strong rental income potential. Each of the five units is thoughtfully laid out, providing comfortable living spaces that appeal to a range of tenants.
Located in a desirable residential neighborhood, the property benefits from close proximity to local amenities, schools, and main thoroughfares, ensuring convenience for residents. With Cape Coral’s growing population and strong rental market, this building is well-positioned to deliver solid returns and long-term value.
Whether you’re expanding your portfolio or stepping into the commercial multi-family space, this property offers a turnkey solution in a high-demand area.
Located in a desirable residential neighborhood, the property benefits from close proximity to local amenities, schools, and main thoroughfares, ensuring convenience for residents. With Cape Coral’s growing population and strong rental market, this building is well-positioned to deliver solid returns and long-term value.
Whether you’re expanding your portfolio or stepping into the commercial multi-family space, this property offers a turnkey solution in a high-demand area.
Property Facts
| Price | $1,399,268 CAD | Building Class | C |
| Price Per Unit | $279,854 CAD | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 4,957 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1979 |
| Apartment Style | Low-Rise | Parking Ratio | 1.61/1,000 SF |
| Zoning | R3-D | ||
| Price | $1,399,268 CAD |
| Price Per Unit | $279,854 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 4,957 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 1.61/1,000 SF |
| Zoning | R3-D |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 20-44-24-C2-01399.0030 | Improvements Assessment | $417,891 CAD |
| Land Assessment | $142,521 CAD | Total Assessment | $596,561 CAD |
Property Taxes
Parcel Number
20-44-24-C2-01399.0030
Land Assessment
$142,521 CAD
Improvements Assessment
$417,891 CAD
Total Assessment
$596,561 CAD
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937 SE 23rd Pl
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