Photo 1 of 14
$440,000
Sold on 9/27/19
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
8 |
4.00 |
0 |
$4,292 |
1980 |
On the market:
263 days
|
View full details, 15 photos, school info, and price history
This quadplex highly desirable rental area serving Sanibel Island and the beaches. All very well maintained with good rental history and books. Attached proforma shows actual expenses with what current buyers property taxes will be. Some tenants have been in place over five years. - so rents are below market (One in place ten years) Some units totally renovated some in original condition - but all in great shape and regular maintenance records are available during due diligence. This is a solid investment with easy to verify numbers. In my opinion the rents are $150 to $200 below market for each unit, but the proforma are actual rents and still look good. Please do not disturb tenants. There are no vacancies and rarely are, we will show the units only with a contract with proof of ability to perform.
Listing courtesy of Gregg Fous, EXP Realty LLC