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3331 E Riverside Dr - NNN LEASE Multifamily Riverfront Investment

15,111 SF Health Care Building Offered at £2,146,080 at a 7.50% Net Initial Yield in Fort Myers, FL 33916

Investment Highlights

  • Easy Income
  • Triple Net Lease
  • 100% Occupied
  • Riverfront
  • Fully Operational
  • Established Tenant in Place

Executive Summary

INVESTOR'S OPPORTUNITY!
Situated along the Caloosahatchee River in Fort Myers, this remarkable investment prospect should not be overlooked.
This TRIPLE NET facility, currently operating under the name Evolve behavioral health, features a well-maintained 31-unit, 52-bed residential care establishment, complete with gated access and a shared clubhouse that includes a commercial kitchen and recreational area.
The 7 BUILDING NNN lease is 100% OCCUPIED by a single independent operator, providing you with the chance to receive rental income while enjoying a hands-off investment. ALL EXPENSES (TAXES, INSURANCE, ETC.) and MAINTENANCE are PAID for by the current tenant. Currently being used as a residential care facility.
THE TENANT'S LEASE WILL EXPIRE ON 11/30/2028.
**PRIME for future multifamily riverfront development up to residential units!**
Please email lia@florentineholding.com for more information & documentation.

Property Facts

Price £2,146,080
Price Per Bed £41,271
Sale Type Investment
Net Initial Yield 7.50%
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 1.54 AC
Building Size 15,111 SF
No. Beds 52
Number of Floors 1
Year Built 1972
Tenancy Single

Amenities

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-44-25-P3-00111.0090
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,190,691
  • Listing ID: 33314732

  • Date on Market: 26/09/2024

  • Last Updated:

  • Address: 3331 E Riverside Dr, Fort Myers, FL 33916

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