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937 SE 23rd Place, Apartment 1-5 $875,000

New
937 SE 23rd Place, Apartment 1-5
Lot Acres
0.39
Year Built
1979
Fully occupied five-plex offering investors a turnkey, low-maintenance income stream in one of Southwest Florida's fastest-growing rental markets. The 4,957 sq. ft. property is comprised of five 2-bedroom/1-bathroom units with an annual gross income of $96,000. Ownership has recently invested significantly in the asset, including a new roof, hurricane-resistant impact windows throughout, fully renovated bathrooms, full exterior paint, parking lot reseal and stripe, and replacement of all A/C units, substantially reducing near-term capital exposure for a new buyer. • Hurricane resistant impact windows (2025) • Renovated bathrooms (2025) • All new A/C units (2024-25) • New roof (2023) • Parking lot reseal & stripe (2023) • Full exterior paint (2023)
General Amenities
937 SE 23rd Place, Apartment 1-5
Cape Coral, Florida 33990
United States
County: Lee
Sale Type: For Sale
Ref #: 2026026678
Last Updated: Thursday, 18 June 2026 07:03
Category: Commercial
Listed by LSI Companies Inc.
Lot Acres
0.39
Year Built
1979
937 SE 23rd Place, Apartment 1-5
Cape Coral, Florida 33990
United States
County: Lee
Sale Type: For Sale
Ref #: 2026026678
Last Updated: Thursday, 18 June 2026 07:03
Category: Commercial
Listed by LSI Companies Inc.