For Sale
$6,500,000

10150 Terry StBonita Springs, FL 34135

18 Units, Waterfront, Fully Leased

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully leased, 18-unit multifamily portfolio situated on a 2-acre waterfront lot in desirable Bonita Springs, Florida. The property, located at 10150 W Terry St, zip code 34135, comprises nine single-story buildings, each unit boasting its own private hedged yard. A significant renovation was completed in 2024, ensuring the property is in excellent condition. The portfolio's prime location offers residents convenient access to the vibrant downtown Bonita Springs area, easily walkable from the community. Adding to its appeal is a private boat ramp, a rare and valuable amenity. With a total asking price of $6,500,000, this translates to an attractive price per unit of $361,111.11. This turnkey investment provides immediate cash flow and significant potential for future appreciation in a highly sought-after Florida location. The property's 100% occupancy rate underscores its strong tenant demand and stable income stream. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a thriving coastal community. The Lee County location offers excellent access to major roadways and amenities. This portfolio represents a compelling investment for discerning buyers seeking a stable and profitable addition to their real estate holdings.

Highlights

  • $6,500,000 asking price for an 18-unit multifamily portfolio.
  • Fully renovated in 2024, 100% leased.
  • Nine single-story buildings on a 2-acre lot in Bonita Springs, FL.
  • Each unit features a private hedged yard.
  • Community amenities include a private boat ramp.
  • Walking distance to Downtown Bonita Springs.

Property Details for 10150 Terry St

Property type
Year Renovated
2024
Buildings
9
Stories
1
Lot Size (sq. ft)
87,120 SF
Units
18

Location Insight

City
Bonita Springs
County
Lee
State
Florida
Latitude
26.345271468345
Longitude
-81.78517421469
10150 Terry St, Bonita Springs, Florida

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10150 Terry St
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