319 Nicholas Pky W
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319 Nicholas Pky W
6 Unit Block of Flats £1,643,145 (£273,858/Unit) 4.48% Net Initial Yield Cape Coral, FL 33991
Executive Summary
Discover a prime investment opportunity in Cape Coral, FL! This stunning multifamily building, constructed in 2021, features six fully rented units with modern amenities and an unbeatable location. The property offers:
Two unit types:
(2) 2-bedroom, 2-bath units with 1,051 sq. ft.
(4) 2-bedroom, 2-bath units with a den and 1,139 sq. ft.
Upgraded interiors: Granite countertops, stainless steel appliances, and hard flooring throughout.
Amenities: Located on a canal, with 12 parking spaces for tenant convenience.
Proximity to lifestyle essentials: Near schools, shopping centers, restaurants, entertainment, gyms, and parks.
Situated just off Nicholas Parkway and Pine Island Road, this two-story property ensures excellent access and convenience.
Don’t miss out on this meticulously maintained building with high rental demand.
Two unit types:
(2) 2-bedroom, 2-bath units with 1,051 sq. ft.
(4) 2-bedroom, 2-bath units with a den and 1,139 sq. ft.
Upgraded interiors: Granite countertops, stainless steel appliances, and hard flooring throughout.
Amenities: Located on a canal, with 12 parking spaces for tenant convenience.
Proximity to lifestyle essentials: Near schools, shopping centers, restaurants, entertainment, gyms, and parks.
Situated just off Nicholas Parkway and Pine Island Road, this two-story property ensures excellent access and convenience.
Don’t miss out on this meticulously maintained building with high rental demand.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Display Window
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Eat-in Kitchen
- Granite Countertops
- Den
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 6 | £1,408 | 1,051 - 1,139 |
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PROPERTY TAXES
| Parcel Number | 14-44-23-C4-01957.0610 | Total Assessment | £661,915 (2024) |
| Land Assessment | £68,890 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £562,841 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
14-44-23-C4-01957.0610
Land Assessment
£68,890 (2024)
Improvements Assessment
£562,841 (2024)
Total Assessment
£661,915 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
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319 Nicholas Pky W
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