Property Description

PRICE CORRECTION. INVESTOR SPECIAL. This is a rare opportunity to own a substantial property comprising three fully rented units on a total of 0.46 acres. Located at 4085, 4091, and 4095 on Palm Ln in Fort Myers, these units generate a total gross rent of $3,750 per month. The first unit, 4085, is a single-wide with 2 bedrooms and 1 bathroom, currently rented for $1,150 per month. The lease for this unit expires in January 2025. The second unit, 4091, is a double-wide with 3 bedrooms and 2 bathrooms, rented for $1,400 per month with the lease expiring in February 2024. The third unit, 4095, is a single-wide with 2 bedrooms and 1 bathroom, rented for $1,100 per month with the lease expiring in September 2024.All three units have been well-maintained, with new metal roofs installed between 2015 and 2017, each featuring lifetime transferable warranties. Additionally, new HVAC systems were installed during the same period and are serviced twice a year. Each unit is connected to city water and sewer and has its own separate driveway. This property is located in a great area near I-75, just minutes from downtown Fort Myers, and is situated in Flood Zone X. The tenants in place are reliable and have expressed a desire to stay long-term, making this an attractive investment opportunity. For further details and to schedule a viewing, please refer to the agent remarks in the showing instructions. Don't miss out on this fantastic investment with strong rental income and minimal maintenance due to recent upgrades.