New Duplex Portfolio (10
25 West 12th Street Lehigh Acres, FL 33972
25 West 12th Street, Lehigh Acres, FL, 33972
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For Sale
Contact for pricing
Turnkey portfolio of five newly constructed duplexes in Lehigh Acres, with four units leased and one recently completed.
Property Size14,000 SF
Price / SF$163.93
Days on Market50
Property Features for 25 West 12th Street
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing agency
One Commercial
Listed by
Zack Statlander · License #3571691
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:51PM Checked: Jul 19 at 7:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Commercial
Investment Insights
Based on property information with market context.
The offering is a portfolio of five newly constructed duplexes totaling 10 units. The properties are presented as turnkey, newly built residential income product designed for straightforward operations and low ongoing maintenance. The portfolio is offered for sale as a package only.
The duplexes are located in Lehigh Acres, Florida. Per the current status, four of the five duplexes are fully leased, and the remaining unit recently received its Certificate of Occupancy and is expected to be leased prior to closing. Current rents are stated at $1,900 per unit, with the remarks noting that comparable new construction duplexes in the area have been achieving $1,950 to $2,200 per unit.
From an investor perspective, this portfolio is positioned as a stabilized, income-producing acquisition with a projected stabilized NOI of approximately $200,000 and an indicated 8% cap rate in the offering materials. It may appeal to buyers seeking newly constructed multifamily housing that is already generating in-place rental income, while also reflecting the rent levels cited for comparable new construction duplexes in the market.
The duplexes are located in Lehigh Acres, Florida. Per the current status, four of the five duplexes are fully leased, and the remaining unit recently received its Certificate of Occupancy and is expected to be leased prior to closing. Current rents are stated at $1,900 per unit, with the remarks noting that comparable new construction duplexes in the area have been achieving $1,950 to $2,200 per unit.
From an investor perspective, this portfolio is positioned as a stabilized, income-producing acquisition with a projected stabilized NOI of approximately $200,000 and an indicated 8% cap rate in the offering materials. It may appeal to buyers seeking newly constructed multifamily housing that is already generating in-place rental income, while also reflecting the rent levels cited for comparable new construction duplexes in the market.
Key Highlights
- Portfolio of five newly constructed duplexes in Lehigh Acres, FL totaling 10 units
- 4 of 5 duplexes are fully leased; remaining unit recently received Certificate of Occupancy and expected to be leased prior to closing
- Current rents are $1,900 per unit, with area new construction duplexes at $1,950 to $2,200 per unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $277.2k | $19.80 |
| − Vacancy | −$12.5k | −$0.89 |
| EGI | $264.7k | $18.91 |
| − OpEx | −$79.4k | −$5.67 |
| NOI | $185.3k | $13.24 |
14,000 SF · lease $19.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.65M
$2.32M – $3.09M
NOI $185,308 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$2.45M
$2.15M – $2.86M
NOI $171,727 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$4.41M
$3.86M – $5.14M
NOI $308,448 @ 7.0% cap · market cap 13.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey portfolio of five newly constructed duplexes in Lehigh Acres, with four units leased and one recently completed.
Where is this duplex located?
The property is located at 25 West 12th Street Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Portfolio of five newly constructed duplexes in Lehigh Acres, FL totaling 10 units; 4 of 5 duplexes are fully leased; remaining unit recently received Certificate of Occupancy and expected to be leased prior to closing; Current rents are $1,900 per unit, with area new construction duplexes at $1,950 to $2,200 per unit
