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2580 Wild Pines Ln
Naples, FL 34112 East Naples

Price Upon Request

Apartments For Sale • 137,361 SF

Property Details

Property Type Apartments
Total Building Size 137,361 SF
Lot Size 5.37 AC
Building Class C
Year Built 1968
Zoning PUD

0 Transit Score

67 Walk Score

                
                    Highlights
                
                                Accretive Loan Assumption with 3.44% Fixed, Interest Only Rate for 6 Additional Years
                            
                                Desirable Two-Story Concrete Block Construction and Pitched Roofs
                            
                                Extremely Affluent, High Barrier to Entry Submarket with Virtually no Inventory of Workforce Housing. Great Demos with $156,576+ Avg. HHI in a 3-Mile 
                            
                                Phase I, 96 Total Units-- 80 Units Built in 1986, and 16 Units Built in the 1970’s (Rebuilt in 2018/2024)
                            
                                Phase II, 104 Affordable Units Built in 2001. Restrictions Through 2031 (~7 years Remaining), Unlocking Significant Value when Property Becomes Full M
                            
                                Mark-to-Market: Great mark-to-market opportunity with submarket comp set supporting additional ~$200+ in rental upside

Property Flyers

Executive Summary - Wild Pines of Naples

Amenities

Business Center
Clubhouse
Fitness Center
Laundry Facilities
Picnic Area
Pool

Public Transportation

Airport	Drive	Walk	Distance
Southwest Florida International	47 min	-	35.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	230
Type:	Surface
Included in Rent:	Yes

Darron Kattan 813-345-5887 Franklin Street

2580 Wild Pines Ln Naples, FL 34112 East Naples