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Multifamily

Harbor Apartments of Naples

2964 Francis Ave, Naples, FL 34112

Listing Price: $2,200,000

Cap Rate
6.77%
Number of Units
12
GRM
9.50
Price/Unit
$183,333
Price/Gross SF
$363.64
Gross SF
6,050

Investment Overview

12-unit apartment community located in Naples, FL.

Investment Highlights

  • 6.77% takeover cap rate with adjusted insurance
  • Renovated units feature vinyl plank flooring, new fixtures throughout, all-new appliances and mini-splits
  • $154,200 of recent capital expenditures made in the past year
  • Historically high occupancy levels
  • Average household income in the immediate area is $83,153
  • Conveniently located two blocks from the Golden Triangle Development

Exclusively Listed By

Financing By

Multifamily

Harbor Apartments of Naples

Listing Price: $2,200,000

Cap Rate
6.77%
Number of Units
12
GRM
9.50
Price/Unit
$183,333
Price/Gross SF
$363.64
Gross SF
6,050

Investment Highlights

  • 6.77% takeover cap rate with adjusted insurance
  • Renovated units feature vinyl plank flooring, new fixtures throughout, all-new appliances and mini-splits
  • $154,200 of recent capital expenditures made in the past year
  • Historically high occupancy levels
  • Average household income in the immediate area is $83,153
  • Conveniently located two blocks from the Golden Triangle Development

Investment Overview

12-unit apartment community located in Naples, FL.

Exclusively Listed By

Financing By

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