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34010032

3 Locations

The Cardenas Group
Listed by The Cardenas Group
$1,650,000
6 days on market
Updated 6 days ago
Opportunity zone

Residential Portfolio

Details
Property Type Multifamily
Square Footage 3,000
Units 5
Cap Rate 6.63%
NOI $96,132
Occupancy 100%
Zoning Residential

5 Units · ~$96K NOI · 2023-Built SFR + Two Duplexes | Lehigh Acres, FL

Marketing description

Investment Highlights

  • 5 units across 3 parcels — 2023 new-construction SFR + two duplexes (2004 / 2006)
  • ~$120,600 annual gross scheduled income; ~$96,132 Year-1 NOI (owner's operating model)
  • Efficient operations — roughly 80% of rent converts to NOI
  • New-construction component reduces near-term capex and turnover risk
  • Multi-tenant duplexes diversify cash flow across five doors
  • Single-market concentration streamlines management and disposition
  • Offered as one portfolio — entity or asset sale; 1031-friendly
  • Priced at $1,650,000 ($330,000 per unit)

Financial Snapshot

  • List Price: $1,650,000
  • Price / Unit: $330,000
  • Year-1 NOI: $96,132
  • Cap Rate (in-place, at list): 5.83%
  • Gross Rent Multiplier: ~13.7
  • Units: 5 (one single-family + two duplexes)
  • Year Built: 2023 / 2004 / 2006

Offering Structure

Held in a single entity; available as a membership-interest (entity) sale or as individual asset sales. Full financials, rent roll, and lease detail available to qualified buyers upon execution of a confidentiality agreement.

Investment highlights

A five-unit residential rental portfolio in Lehigh Acres, Florida, offered in a single transaction. The portfolio comprises three parcels — one 2023 new-construction single-family home and two duplexes (2004 and 2006) — totaling five income-producing units in the greater Cape Coral–Fort Myers (Southwest Florida) market. The blend delivers the lower maintenance and tenant-retention profile of a new build alongside the higher per-door yield and tenant diversification of multifamily, all within one submarket for efficient management. Year-1 gross scheduled income of approximately $120,600 produces an estimated $96,132 of net operating income on a lean ~80% NOI margin. The assets are held in a single entity and can be acquired at the entity or asset level, making the offering well suited to 1031 exchange buyers and investors seeking immediate scale.

Listing Contacts

The Cardenas Group
Listed by The Cardenas Group

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$96,132.00
$8,011.00/mo

Valuation Metrics

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DSCR
5.83%
Cap Rate
5.83%
ROI

Map

Zoning

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RS-1 ResidentialSingle FamilyResidential Single Family
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Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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