Multi-Family
Lake Villas Multifamily Development
17800 Veterans Pkwy, Cape Coral, FL 33914
Listing Price: $19,000,000
Lot Size
85.00 acres
Price/Acre
$223,529
Land Type
Land
Investment Overview
Marcus & Millichap is pleased to bring to market the Lake Villas Multifamily Development located in Cape Coral, FL.
Lake Villas Multifamily Development
Investment Highlights
- 1,200-Unit Waterfront Multifamily Development Opportunity
- Property will be delivered fully entitled in phases, or in lump-sum transaction
- To address the remaining unmet needs for housing following Hurricane Ian, Lee County has recently approved an action plan allocating $350MM of the $1.1B in funds to support new Multifamily Development
- Seller will consider a JV with land contribution
- Cape Coral ranked first on Globe Street's Year-to-Year Rental Increase in the U.S
- Subject property is located on Veterans Memorial Parkway with 25,000 vehicles per day
Exclusively Listed By
Financing By
Listing Price: $19,000,000
Lot Size
85.00 acres
Price/Acre
$223,529
Land Type
Land
Investment Highlights
- 1,200-Unit Waterfront Multifamily Development Opportunity
- Property will be delivered fully entitled in phases, or in lump-sum transaction
- To address the remaining unmet needs for housing following Hurricane Ian, Lee County has recently approved an action plan allocating $350MM of the $1.1B in funds to support new Multifamily Development
- Seller will consider a JV with land contribution
- Cape Coral ranked first on Globe Street's Year-to-Year Rental Increase in the U.S
- Subject property is located on Veterans Memorial Parkway with 25,000 vehicles per day
Investment Overview
Marcus & Millichap is pleased to bring to market the Lake Villas Multifamily Development located in Cape Coral, FL.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
