777 Bedford Dr, Lehigh Acres, FL 33974

High-Yield Multifamily Asset – 7.25%+ Cap Rate | Lehigh Acres, FL

INVESTMENT OVERVIEW 777–779 Bedford Drive presents a compelling turnkey multifamily acquisition in the rapidly expanding Southwest Florida corridor. This fully occupied residential duplex features an efficient, high-demand layout consisting of two 3-bedroom, 2-bathroom units. Currently generating immediate, stable cash flow at $2,950/month ($35,400 annualized), the asset boasts an attractive 7.25%+ Cap Rate based on current pricing, with a proven historical gross annual income reaching ~$48,000.

With an active rental market and no HOA or municipal rental restrictions, an incoming investor can easily capitalize on immediate yield while capturing clear rental upside upon future lease renewals.

• Asset Type: Multifamily / Duplex (Two 3BR/2BA Units)
• Current Monthly Gross Income: $2,950/month
• Proven Gross Annual Potential: ~$48,000
• Cap Rate: 7.25%+
• HOA/CDD: None

Capital Improvements & Asset Highlights

Designed to mitigate near-term capital expenditures (CapEx) and secure favorable debt/insurance placement, this property features key structural and mechanical upgrades:

• Roof Mitigation: Brand-new roof installed in 2023, drastically reducing future maintenance liability and optimizing property insurance premiums.
• Underwriting Ready: Features a recently cleared, clean 4-Point Inspection, ensuring seamless compliance with modern Florida insurance underwriting guidelines.
• Operational Flexibility: Zero HOA governing bodies or restrictive covenants, allowing for unencumbered management strategies and minimized carrying costs.
• Portfolio Positioning: Positioned in a high-occupancy submarket with close proximity to major employment hubs, commercial retail centers, and Southwest Florida International Airport (RSW).

Portfolio Strategy & Acquisition Terms

• Value-Add / House-Hacking Provision: While fully stabilized, the seller is willing to accommodate a lease termination on one unit for an owner-occupant buyer looking to leverage primary residential financing or Down Payment Assistance.
• Condition & As-Is Sale: The asset is priced competitively to reflect its current physical condition. Buyer to execute all standard due diligence.
• Seller Motivation: Liquid asset priced for an efficient transaction. Seller will review all reasonable offers.

Contact the listing agent today to request the financial summary or to schedule a private property inspection.