3817 Waterfront Apartments

3817 Waterfront Apartments

Price: $ 1,275,000

Total Number of Units: 16

Address: 3817 Del Prado Boulevard, Cape Coral, FL 33904, United States

  • Desirable 1970’s Vintage Concrete Block Construction
  • Heavily Renovated Property With a New Roof in Process
  • Significant Value-Add Opportunity (Year-One Cap Rate of 9.19%)
  • Achievable NOI Increase of 29.44% by Year One of Ownership
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Location Highlights

  • Situated Along Del Prado Boulevard (39,500 AADT)
  • Prime Real Estate Within the No. 1 Fastest Growing City in the Nation – Forbes (March 2017)
  • Located at the Heart of the Nation’s 3rd Fastest Growing Employment Market (2012-2016)
  • Public Transit Located Directly Across Del Prado From the Property

Additional Photos

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