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6238 Presidential Ct
Fort Myers, FL 33919
Asking Price
$1.30M
Cap Rate
8.04%
Asset Type
Traditional Office Office
Class
Class B
What's Special
CASH-FLOWING OFFICE WITH MARK-TO-MARKET UPSIDE <ul><li>Stabilized, Income-Producing Asset</li><li>Strong Historical Occupancy</li><li>Long-Standing Tenant Base</li><li>Central Fort Myers Location</li><li>High Traffic Exposure from Summerlin Road</li><li>Desirable Suburban Office Submarket</li><li>Established Professional Office Park</li><li>Accessible to Major Roads (Summerlin Rd, College Pkwy, US-41)</li><li>Potential Signage/Advertising Upside</li><li>Attractive to 1031 Exchange Buyers</li></ul>
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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712
