4066 Evans Avenue, Fort Myers, FL 33901 - Lee County

Separate but fully leased, 2 building portfolio on 1.23 acres. 52 units averaging 215 SF. Occupied by 47 local tenants on leases averaging 2 years. Professionally managed and maintained. New re-roof in 2017. Recent HVAC replacements also. Common areas include, lobby area, break rooms, and atrium. Historically high occupancy with less than 2.5% vacancy with a long wait list. Liberal CI zoning allows for multitude of retail, office, or medical uses. Property features and attractive 7.3% CAP rate with considerable upside as leases reset.

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