22 Units of Luxury- High Pro-Forma CAP Rate | 2150 Luther Rd
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22 Units of Luxury- High Pro-Forma CAP Rate 2150 Luther Rd
22 Unit Apartment Building $7,900,000 ($359,091/Unit) 11.70% Cap Rate Punta Gorda, FL 33983
Investment Highlights
- Ultra luxury build
- Value priced
- On 2.4 acres of RMF10 zoned land
- Great location
- Close proximity to beaches and highways
- Area of immense development
Executive Summary
What an investment! Stand out from the crowd and be the new owner of this 22-unit unparalleled luxury townhouse project in Punta Gorda on 2.4 acres! Close proximity to the highway and to other new development, this luxury build is sure to sell fast!
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$77,100
|
$2.24
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$77,100
|
$2.24
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $77,100 |
| Annual Per SF | $2.24 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $77,100 |
| Annual Per SF | $2.24 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Display Window
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Views
- Walk-In Closets
- Yard
- Attic
- Breakfast Nook
- Coffee System
- Den
- Dining Room
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
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PROPERTY TAXES
| Parcel Number | 402317178001 | Improvements Assessment | $0 (2023) |
| Land Assessment | $0 (2023) | Total Assessment | $27,719 (2023) |
PROPERTY TAXES
Parcel Number
402317178001
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$27,719 (2023)
zoning
| Zoning Code | RMF10 |
| RMF10 |
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22 Units of Luxury- High Pro-Forma CAP Rate | 2150 Luther Rd
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