2771 Royal Palm Ave - Apartments FOR SALE


Fort Myers, FL 33901- Breezewood
$4,400,000 USD
954-871-3822
2771 Royal Palm Ave, Fort Myers, FL for Sale
$4,400,000 USD
Apartments - FOR SALE
1/19
null | 6.79% Cap Rate

2771 Royal Palm Ave
Fort Myers, FL 33901
Breezewood


HIGHLIGHTS

  • The largest employer is Lee Health, with more than 14,000 workers employed through the organization’s many locations in the region.
  • Regional and national retailers, such as Publix, Winn-Dixie, Walmart and Home Depot, support tens of thousands of jobs in Lee County.
  • The metro is home to spring training facilities for the Boston Red Sox and Minnesota Twins, drawing tourists from New England and the Midwest.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

33

PRICE/UNIT

$133,333

CAP RATE

6.79%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Palm Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C1

APN/PARCEL ID

24-44-24-P3-0260E.0100

ASK ABOUT THIS PROPERTY

Evan RichardsonMarcus & MillichapMore Info
954-871-3822

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Evan RichardsonMarcus & MillichapMore Info
954-871-3822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.