$1,990,000 USD
239-289-9946
960 Morningside Dr
Naples, FL 34103
Moorings Park-Hawks Ridge
HIGHLIGHTS
- The property is a stabilized six-unit multifamily asset that is currently 100% leased, providing immediate in-place income.
- Each of the six units consists of a two-bedroom, two-bathroom layout with approximately 1,200 square feet per unit.
- The 7,077-square-foot building is situated on a 1.03-acre site and includes 27 on-site parking spaces.
- The property is ideally located in the Park Shore corridor just off US-41 within the Naples Twin Lakes neighborhood.
- Originally built in 1980, all unit interiors were renovated in 2017, and the property received a new roof in 2024
- The asset is constructed of CBS and is zoned MF-8, allowing for less than 10 units per acre within Collier County.
OVERVIEW
*DO NOT ENTER PROPERTY - DO NOT DISTURB TENANTS* Hard-to-find stabilized 6-plex in the heart of Naples. Located just off US41 in Park Shore corridor. All units are 2-bed, 2-bath (approx. 1,200sf each). 100% leased. 1.03 acres +/- with 27 parking spaces. Interiors of all units were renovated in 2017. New roof in 2024. CBS Construction. Please contact listing agent for further details. *DO NOT ENTER PROPERTY - DO NOT DISTURB TENANTS*
FOR SALE DETAILS
PRICE
$1,990,000 USD
PRICE/SF
$281 USD /SF
# OF UNITS
6
PRICE/UNIT
$331,667
CAP RATE
4.83%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Stabilized 6-plex in between Goodlette & US41
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.03 AC
LAND SF
44,867 SF
ZONING
MF-8
APN/PARCEL ID
60630120002
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239-289-9946
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239-289-9946
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