Cape Coral - Beach Property For Sale #6766361

Five unit Waterfront Multifamily property located along Skyline Blvd in a Desirable SW Cape Coral Location. The Unit Mix Includes (4) 2BR/1BA units and (1) 1BR/1BA unit. Well Maintained with a new Roof in 2023 and new Kitchens & Bathrooms in some units. Four units enjoy private screened lanai's with water views. The property enjoys a stable, long term rent roll where rent increases have been modest. Upside potential exists by bringing rents to current market values. The Property sits directly across the street from a Wal-Mart Grocery store as well as other small retail venues. There are 9 Parking Stalls providing ample tenant parking. The property is located within close proximity to Public Transportation. Tremendous Population growth in Cape Coral is well documented and rental demand is strong.