King Congdon
2
Estimated Term
20%
Estimated Annual ROI
8%
Estimated Annual Distributions Paid Monthly
$500,000
Total Raise (USD)
Property Highlights
Summary
The property will be filled with adventure, and be named King Congdon, a play on words as the street is called Congdon. We will convert one of the three garages into a game room. The game room will include claw games, video games, candy machines, fooseball tables, among other activities to keep families engaged for the entirety of their trip. The yard will have a jungle theme, with monkeys on trees and more. This thematic approach to decorating and furnishing the home will allow King Congdon to become a memorable destination for families and friends to return to on an annual basis.
02
Highlights
This property was purchased for USD 1.1M. The most recent appraisal dated July 30, 2024 and prepared by a Florida-certified appraiser, which came in at USD 1. 2M. This property sits on over half an acre lot and is situated in a beautiful and mature neighborhood in Fort Myers, Florida.
This property will be a short-term rental, with 3 separate units. The home has a boat lift in a canal that leads to the Gulf of Mexico, along with a full RV hook up, with ample space to convert into additional RV stations.