Hot Listing

5-Unit Rental Portfolio, Lehigh Acres FL | $96K NOI, 5.8% Cap

Asking Price$1,650,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,450,000
Included in asking price
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Hot Listing

5-Unit Rental Portfolio, Lehigh Acres FL | $96K NOI, 5.8% Cap


Asking Price$1,650,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,450,000
Included in asking price
Business Description
Turnkey residential income business generating $120,600 in gross annual rent and $96,132 in net operating income (NOI). Priced at $1,650,000, this offering reflects an approximately 5.8% cap rate on a stabilized, single-market portfolio. This single-entity acquisition includes all three underlying properties — one 2023 new-construction single-family residence and two well-maintained duplexes — totaling five leasable units in one of Southwest Florida's fastest-growing submarkets.

All assets are concentrated in Lehigh Acres, Lee County, providing a single-market investment thesis with consistent tenant demand driven by population growth, affordability, and proximity to Fort Myers employment centers. The business converts nearly 80% of gross rent directly to NOI, reflecting a lean, repeatable operating model with minimal overhead.

Business Highlights:
- $1,650,000 asking price; ~5.8% cap rate on $96,132 NOI
- $120,600 gross annual rental income across 5 units
- ~80% rent-to-NOI conversion ratio
- New-construction SFR anchor (2023 build, ~2,992 SF)
- Two duplexes delivering 6.6%–7.4% going-in yields
- Only $200,000 in outstanding debt — clean balance sheet
- All real estate included in the sale
- Entity or asset sale structure available
- Owner-operated — no franchise fees, no proprietary systems
- Conservative underwriting: 3% vacancy, 4% rent growth, 3% expense escalation

Ideal for: Income-focused investors, 1031 exchange buyers on deadline, portfolio aggregators building in Southwest Florida, or an owner-operator who wants to live in the SFR and rent the four remaining units.

The business is straightforward to operate and transfer. The current owners manage all leasing, maintenance, and financial administration directly. No specialized licenses, proprietary technology, or complex vendor relationships are required. A reasonable transition period will be provided.

Serious, qualified buyers are encouraged to inquire today. Real estate is included in the asking price; financials and property details are available upon execution of a Non-Disclosure Agreement.
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
Listing Info
ID
2524293
Listing Views
224

Listing ID: 2524293 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.