4520 Gulfstream Dr - Apartments FOR SALE


Naples, FL 34112- East Naples
$3,600,000 USD
239-777-1082
4520 Gulfstream Dr, Naples, FL for Sale
$3,600,000 USD
Apartments - FOR SALE
1/31
null | 5% Cap Rate

4520 Gulfstream Dr
Naples, FL 34112
East Naples


OVERVIEW

Rare find Motel just minutes from world famous downtown Naples 5th avenue and the beach. This is your chance to operate a fantastic virtually absentee 14 Unit motel consisting of 14 fully renovated units consisting of 4 large 1 bedroom and 10 efficiency suites all with fully Kitchens and New designer baths. Property presently has long term tenants in place. A virtual cash cow with a 5% Cap rate current tenants are paying cash rent on a weekly basis. "Air BNB" this Motel can be easily converted to "Air BNB" and or daily resort rental which would dramatically increase revenue and present a possible 10% + Cap rate.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$538 USD /SF

# OF UNITS

14

PRICE/UNIT

$257,143

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PARADISE INN OF NAPLES

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

RMF-6

APN/PARCEL ID

63103600001,63103640003

ASK ABOUT THIS PROPERTY

Paul CestaroColdwell Banker Commercial NRTMore Info
239-777-1082

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

Paul CestaroColdwell Banker Commercial NRTMore Info
239-777-1082

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