4345/4347 Skyline Blvd

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4345/4347 Skyline Blvd

Cape Coral, FL 33914
Asking Price
$450K
Asset Type
Multifamily
Class
Class B

What's Special

4345/4347 Skyline Blvd is situated in a central residential corridor of Cape Coral, Florida. The neighborhood is characterized by a mix of single-family homes and small-scale multi-unit properties. The location offers direct access to Veterans Memorial Parkway, a primary east-west artery connecting the city to Fort Myers. Residents are within a three-mile radius of retail centers, grocery stores, and local dining options along the Mohawk Parkway and Skyline Boulevard intersection. Public transit stops are accessible nearby, and the property is positioned within reach of several municipal parks and local schools. This multifamily asset is suited for long-term rental housing or a multi-generational living arrangement. The layout and geographic positioning typically attract small families, commuting professionals, or retirees seeking a low-maintenance residential environment. Given its proximity to major employment hubs in Lee County and local service-industry corridors, the property serves a tenant profile looking for suburban stability with functional access to urban conveniences. The site is ideal for investors focused on the workforce housing segment or owner-occupants looking to utilize one unit while leasing the other.

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NOI
$80,000
Cap Rate
17.78%
DSCR
3.00
Strong
Cash-on-Cash
39.48%
Monthly Payment
$2,225.86
Annual Cash Flow
$53,289.683

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