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Multifamily

Harbor Apartments of Naples

2964 Francis Ave, Naples, FL 34112

Listing Price: $1,500,000

Cap Rate
5.00%
Number of Units
13
Price/Unit
$115,385
Price/Gross SF
$189.87
Gross SF
7,900

Investment Overview

13-unit apartment community located in Naples, FL

Investment Highlights

  • Strong value-add opportunity to increase in-place rents by more than $200 through strategic renovations
  • All month-to-month leases allowing a quick turnaround for renovations
  • Concrete block construction
  • Historically high occupancy levels
  • Average household income for Naples is $107,013
  • Two blocks from Golden Triangle Development

Exclusively Listed By

Multifamily

Harbor Apartments of Naples

Listing Price: $1,500,000

Cap Rate
5.00%
Number of Units
13
Price/Unit
$115,385
Price/Gross SF
$189.87
Gross SF
7,900

Investment Highlights

  • Strong value-add opportunity to increase in-place rents by more than $200 through strategic renovations
  • All month-to-month leases allowing a quick turnaround for renovations
  • Concrete block construction
  • Historically high occupancy levels
  • Average household income for Naples is $107,013
  • Two blocks from Golden Triangle Development

Investment Overview

13-unit apartment community located in Naples, FL

Exclusively Listed By

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