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6258 PRESIDENTIAL COURT

Multi-family For Sale
$1,500,000

BTC: 14.16198440

ETH: 373.59900374

22 days
11 bds
5,633 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Seller financing available with 60% down. Open to creative options/terms. Everyone who has been looking for value add multifamily listen up! This is the diamond in the rough you've been searching for with an amazing location right off of college parkway, located right next to multiple colleges, high end dining, shopping, and lifestyle. Easy commute to Cape Coral, Sanibel Island, and Fort Meyers beach. This property will be a cash cow! Ideal for an investor/builder/developer, if you are all 3 you are sure to make a killing on this deal. Property was previously an office building; it currently sits as a blank canvas ready to be put together. It has been re zoned for an 11-unit apartment complex. The proposed plan has (3) one bedroom 1 baths, (4) 2 bedroom and 1 bath, and (4) studio units. Estimated cost of construction to build the project is $750,000. Plans and permits to build out the 11 units are included in the sale and can be shared with prospective buyers. You can make this student housing, Airbnb's, long term rentals or a mix. Renderings are what the property can look like, the buyer can modify it to his/her liking. All income, expenses, unit sizes and construction costs are estimates by the owner and broker. Buyer is responsible to do his/her own due diligence.

Location

Facts and features

Type:
Residential Income
Parking:
Open
Year Built:
1984
Lot:
0.63 Acres
Heating:
Central
Price/sqft:
$266
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 11

  • Parking

    • Open

    Property

    • Exterior Features: Balcony / Courtyard / Fenced / Irrigation System / Lighting

    Lot

    • Lot: 0.63 Acres

    Other Property Information

    • Parcel Number: 1445243400000.0360

    • Zoning: CT

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $6,827

  • Source details

    • MLS ID: TB8323787

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: None

    • Lot Features: Oversized Lot / Sidewalk

    • Patio And Porch Features: Front Porch / Wrap Around

    • Living Area: 5633

    • Water Source: Public

    • Lot Size Dimensions: 213 x 137

    • Subdivision Name: EXECUTIVE PARK PH 02

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 RE CHAMPIONS