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Multifamily

Corsica Rive

2741 First St, Fort Myers, FL 33916

Listing Price: $6,000,000

Cap Rate
4.40%
Number of Units
24
Price/Unit
$250,000
Price/Gross SF
$240.96
Gross SF
24,900

Investment Overview

Class “A” mixed-use trophy asset in downtown Fort Myers, Florida

Investment Highlights

  • Class "A" mixed-use trophy asset in downtown Fort Myers, Florida
  • 2008 masonry construction with metal roofs
  • 22 apartment units and 2 retail bays
  • Direct frontage on First Street, providing access to downtown Fort Myers within one mile
  • Interiors finished to luxury-grade standards, including porcelain tile flooring, granite countertops and hardwood cabinetry
  • Offers the ability for a future condominium conversion
  • In-place rents approximately $376 per unit below market
  • Amenities include access to a fitness center, tennis courts, pickleball courts, swimming pool, spa and grilling areas

Exclusively Listed By

Multifamily

Corsica Rive

Listing Price: $6,000,000

Cap Rate
4.40%
Number of Units
24
Price/Unit
$250,000
Price/Gross SF
$240.96
Gross SF
24,900

Investment Highlights

  • Class "A" mixed-use trophy asset in downtown Fort Myers, Florida
  • 2008 masonry construction with metal roofs
  • 22 apartment units and 2 retail bays
  • Direct frontage on First Street, providing access to downtown Fort Myers within one mile
  • Interiors finished to luxury-grade standards, including porcelain tile flooring, granite countertops and hardwood cabinetry
  • Offers the ability for a future condominium conversion
  • In-place rents approximately $376 per unit below market
  • Amenities include access to a fitness center, tennis courts, pickleball courts, swimming pool, spa and grilling areas

Investment Overview

Class “A” mixed-use trophy asset in downtown Fort Myers, Florida

Exclusively Listed By

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