Park Villa Apartments | Fort Myers, FL

Property Overview

• Multifamily Value-Add Opportunity in Fort Myers, FL
• Garden Walk up built in 1973
• 36 Units, 2BR/1 Bath, Unit Size 900 SF
• Located in rapidly redeveloping submarket of Fort Myers
• In-place rents are 21% below market rates
• Ability to renovate 15 units to higher-end quality finishes & elevate rents
• Immediate ability to renovate 11 units currently on month-to-month leases
• Historically well-maintained with over $300K of capital improvements spent
• Seller financing available