8-Unit Villa-style Duplex Multifamily
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8-Unit Villa-style Duplex Multifamily
3 Multifamily Properties Offered at $2,499,000 in Punta Gorda, FL
Investment Highlights
- Villa located outside of flood zone for low insurance cost.
Executive Summary
NEW VILLA units in Punta Gorda, FL. Selling 4 duplexes together. Each of the 8 units has 1450-1470 SF, 3-bedrooms, 2-baths, and a 2-car garage. Our completed villas have rented for an average of $2,200/unit. Located in a zone-X area NOT IN A FLOOD ZONE which keeps your INSURANCE down. You will see we have excellent tenants in these units because the finishes and design is better than other MF in the area.
The first building was completed at the end of 2023 and fully leased for $4,400/month. The second and third buildings are the same floor plan with improvements. The forth building is a new floor plan.
Each carefully finished with stone & stucco exteriors, vaulted tray ceilings, quartz countertops, and ceiling fans in every room. Extra windows make all the difference along the kitchen and family room to feel light and comfortable.
Deep Creek is a popular deed restricted community with an affordable HOA of $13.75/ month.
Look, we understand there is a different need for every investor. If you have made it this far, then give us a call and you can decide if some combination of our portfolio is what you are looking for.
The first building was completed at the end of 2023 and fully leased for $4,400/month. The second and third buildings are the same floor plan with improvements. The forth building is a new floor plan.
Each carefully finished with stone & stucco exteriors, vaulted tray ceilings, quartz countertops, and ceiling fans in every room. Extra windows make all the difference along the kitchen and family room to feel light and comfortable.
Deep Creek is a popular deed restricted community with an affordable HOA of $13.75/ month.
Look, we understand there is a different need for every investor. If you have made it this far, then give us a call and you can decide if some combination of our portfolio is what you are looking for.
Taxes & Operating Expenses (Pro forma - 2024) |
Annual |
---|---|
Gross Rental Income | $211,200 |
Other Income | - |
Vacancy Loss | - |
Effective Gross Income | $211,200 |
Taxes | $30,000 |
Operating Expenses | $13,400 |
Total Expenses | $43,400 |
Net Operating Income | $167,800 |
Taxes & Operating Expenses (Pro forma - 2024)
Gross Rental Income | |
---|---|
Annual | $211,200 |
Other Income | |
---|---|
Annual | - |
Vacancy Loss | |
---|---|
Annual | - |
Effective Gross Income | |
---|---|
Annual | $211,200 |
Taxes | |
---|---|
Annual | $30,000 |
Operating Expenses | |
---|---|
Annual | $13,400 |
Total Expenses | |
---|---|
Annual | $43,400 |
Net Operating Income | |
---|---|
Annual | $167,800 |
Property Facts
Price | $2,499,000 | Number of Properties | 3 |
Price / SF | $206.91 / SF | Individually For Sale | 0 |
Cap Rate | 6.71% | Total Building Size | 12,078 SF |
Sale Type | Investment or Owner User | Total Land Area | 0.60 AC |
Status | Active |
Price | $2,499,000 |
Price / SF | $206.91 / SF |
Cap Rate | 6.71% |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 12,078 SF |
Total Land Area | 0.60 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
26126 Northern Cross Rd, Punta Gorda, FL 33983 | Multifamily | 4,025 SF | 2024 | - |
26136 Northern Cross Rd, Punta Gorda, FL 33983 | Multifamily | 4,025 SF | 2025 | - |
1030 Navigator Rd, Punta Gorda, FL 33983 | Multifamily | 4,028 SF | 2025 | - |
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8-Unit Villa-style Duplex Multifamily
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