The Flats at Viscaya (the “Property”), a 7-unit multifamily apartment building located just off Viscaya Parkway, near the intersection of SE 8th Terrace and Del Prado Boulevard S. The Flats at Viscaya was constructed of CBS in 1979. It consists of a single one-story building on a 0.46-acre lot, totaling 6,622 square feet of rentable space. The property comprises four (4) one-bedroom / one-bathroom units and three (3) two-bedroom / two-bathroom units. The Flats at Viscaya presents investors with a unique opportunity to increase current rents to market rates in a stabilized, cash-flow-positive property. Its location, within walking distance of Lee Health Cape Coral Hospital and with access to nearby schools, provides tenants with a comfortable and well-located place to live.
