Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $220,000-$230,000
• Estimated Rehab: $15,000-$20,000
• Comparable Rent: $1,600-$1,800
• Construction: CBS
• Pool: Yes
• Occupancy: Call your Agent
• Comp 1: 1123 SW 48TH TER APT 105, CAPE CORAL, FL 33914 - 2/2.5 908 sqft PENDING $224.9k (Same building, updated)
• Comp 2: 905 SW 48TH TER APT 201, CAPE CORAL, FL 33914 - 2/2 1,075 sqft SOLD $220k MARCH 2022 (1983 build condo unit, updated on same street)
• Comp 3: 822 SW 47TH TER APT 211, CAPE CORAL, FL 33914 - 2/2 957 sqft SOLD $215k MAY 2022 (1985 build condo unit, updated and no pool and no carport, rented $1,690 in May 2022)
• Rehab Description: For a flip or rental this needs interior cosmetic updates to the bathrooms, kitchen appliances and fixtures. Some of the carpet flooring may need to be replaced. Central air is in working condition. Apply fresh paint, modernize throughout the interior, and deep clean to brighten up the appeal!
• Features: Package deal (1 of 3) in Cape Coral! This two bedroom, two bathroom concrete block condo features 908 living sqft, has a carport, separate storage, fenced backyard common area and access to the community pool. Being offered vacant at close for an incredible package deal! Don't miss out on this opportunity to own three units in the same building!
• Important Details: --> VACANT AT CLOSING! --> HOA fee is $445/mo and includes water/sewer, exterior maintenance, roof, community pool, and common area. --> Option to purchase an individual unit available without buying the other two
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab