AUCTION BID DATES: 12/9/2024 – 12/11/2024

INVESTMENT HIGHLIGHTS

Unlock the potential of this 4-unit multi-family property located in Fort Myers, which is currently a stalled renovation but offers excellent upside for the right investor. This investment boasts a total building size of ±3,408 square feet, with each unit measuring ±852 square feet and featuring 2 bedrooms and 1 bathroom.

Situated on a ±0.34-acre lot, the property has seen progress in its renovation, including completed insulation, drywall, texture, and a first coat of paint, along with flooring that has been removed and is ready for new installation. Rough electrical work has been completed, and new doors have been installed. Structurally, the roof is in excellent condition, having been installed in 2019, and the HVAC systems include three units upgraded in 2021 and one from 2009 that remains functional with basic maintenance. This property is a prime value-add opportunity, with the potential to yield strong rental income once completed.