Property History
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Asking Details
Asking Cap Rate
Marketing Description
SP Multifamily Group of Marcus & Millichap is pleased to present qualified investors with the opportunity to acquire Gardenia Gardens. Gardenia Gardens is located within minutes of Lee County Local Government Headquarters (9,000+ Jobs), Lee Memorial Hospital (1,100 Jobs), and Fort Myers Downtown Commercial District. Gardenia Gardens was built in 1974 and offers residents with 795 SF two-bedroom/one-bathroom units centrally located to three major employment hotspots in the Fort Myers area. This deal provides investors with the opportunity to renovate the units and increase low in-place rents by 37.5%.
Investment Highlights
- Value-Add Opportunity in a Rapidly Growing Market
- Highly Desirable Concrete Block Construction with Central HVAC
- Ability to Increase Rents by 49.2% After Completing a Strategic Renovation Plan
- Ability to Increase the Net Operating Income from Year 0 to Year 1 by 69.33%
- Property is Centrally Located to Many of the Major Employers in the Lee County Area (Lee County Government Headquarters, Lee Memorial Hospital, Lee County School District)
Loan History
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Tax History
Contact Information
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Ownership Information
Zoning
RS-7 ResidentialSingle FamilyResidential Single Family 7
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View all 26 uses
View all 26 uses Last updated Jan 27, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
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Contacts
Sold on
BY:
Benjamin Skinner PRO
•••.•••.3889
••••••••.•••nner@•••••••••••••••.com
Sold on
BY:
Alec Neu
•••.•••.2161
alec@••••••••••••••••••.com
Sold on
BY:
Matthew Prozzillo
•••.•••.3888
•••••••.•••••illo@•••••••••••••••.com
Map
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Rental Market Overview
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