937 SE 23rd Pl - Apartments FOR SALE


Cape Coral, FL 33990- Hancock
$989,000 USD
941-661-5250
937 SE 23rd Pl, Cape Coral, FL for Sale
$989,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

937 SE 23rd Pl
Cape Coral, FL 33990
Hancock


HIGHLIGHTS

  • New Windows
  • New Parking Lot
  • New A/C units

OVERVIEW

MRG Realty Partners LLC presents another prime investment opportunity in a thriving area of Cape Coral. This five-unit apartment building at 937 SE 23rd Place offers a fully leased, multi-family asset with strong rental income potential. Each of the five units is thoughtfully laid out, providing comfortable living spaces that appeal to a range of tenants. Located in a desirable residential neighborhood, the property benefits from close proximity to local amenities, schools, and main thoroughfares, ensuring convenience for residents. With Cape Coral’s growing population and strong rental market, this building is well-positioned to deliver solid returns and long-term value. Whether you’re expanding your portfolio or stepping into the commercial multi-family space, this property offers a turnkey solution in a high-demand area.

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

5

PRICE/UNIT

$197,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

R3-D

APN/PARCEL ID

20-44-24-C2-01399.0030

ASK ABOUT THIS PROPERTY

Chris MagliozziMRG Realty PartnersMore Info
941-661-5250

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Chris MagliozziMRG Realty PartnersMore Info
941-661-5250

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