621 Joel Blv Lehigh Acres, FL 33936
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 621 Joel Blv
- Year built
- 2007
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located at 621 Joel Blvd, Lehigh Acres, FL 33936. Built in 2007, this single-story property is priced at $1,095,000 and offers significant potential for various uses, including an Assisted Living Facility (ALF). The building comprises four completely remodeled units; two are three-bedroom, two-bathroom units, and the other two are two-bedroom, two-bathroom units. Each unit boasts its own individual water and electricity meters, ensuring efficient utility management and cost allocation. A highly efficient fire sprinkler system is installed throughout the building, prioritizing safety and compliance. Adding to the convenience and appeal of each unit is a dedicated individual storage space. The property's location in Lee County, Florida, provides access to a growing market and presents a compelling investment prospect for discerning buyers. The property's strong features and potential for diverse uses make it an attractive option for investors seeking a stable and potentially high-return investment in the Florida real estate market. This is a turnkey opportunity ready for immediate income generation or further development.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lehigh Acres
- County
- Lee
- State
- Florida
- Longitude
- -81.5984
- Latitude
- 26.6247