4200-4190 Gulfstream Dr, Naples, FL 34112

List Price

Property Description

Two triplexes, 6 units total. All six have their own, individual PID's and the HOA is already in place. Interesting opportunity with potential upside for Investor. Keep as rentals with excellent cash flow. The total GRI $99,300, NOI 74,800 Unit interiors are all spacious and desirable 2 bedroom, 2 baths with individual laundry, patios and screened lanais. Exteriors are attractive with good curb appeal and lots of green space and landscaping. Terrific cash flow with a cap rate of 7% at current rents. Long term tenants paying an average of $1300 per month. Rents could easily be increased to $1500 per month with potential exist strategy of selling as condos. Great Investment Opportunity. Contact me for more information

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Listing courtesy of Naples Beach & Bay Realty Inc.

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