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    FOR SALE
    Apartment buildings

    403 Hancock Bridge Pkwy Cape Coral, FL 33990

    Built 1982
    Property ID
    US18-5733181
    403 Hancock Bridge Pkwy, Cape Coral, FL 33990 For Sale 1 / 30
    $799,000
    403 Hancock Bridge Pkwy, Cape Coral, FL 33990
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    Property summary
    AI-generated overview

    Exceptional Investment Opportunity: Multi Family 5-Plex building has a total of 10 Bedrooms, 5 Baths with around 4300 total square feet.  Has a BRAND NEW 2023 Dimensional Shingle Roof that's lighter in color to maximize efficiency.  Conveniently located to shopping and dining, only a 1/2 mile to Santa Barbara Pkwy and Pine Island Rd..  Each unit has the same layout of 2 Bedroom, 1 Bath.  Currently, 3 units are occupied with long term good standing tenants.  Each unit has vinyl fence sections to create private backyard spaces among the renters.  Each unit has tiled floors along with its own electric and water meters and tenants pay utilities.  There is an indoor shared laundry room with coin washer and dryer.  With room for improvement creates the opportunity of higher rental income.  Please note: Don't walk on property or disturb the tenants, must call to schedule a showing appointment.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1982
    UPID US18-5733181
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
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    1 occupant on record
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