Low Rise for sale in Oasis

Attention Investors! Excellent opportunity to own a 1-bedroom, 1 bathroom condo in the desirable North Naples location - Oasis at Naples community, offering a stable tenant in place already in place and immediate rental income from day one. This condo is currently rented for $1,600/month with average monthly expenses of approximately $600, providing an esteem net income of $1,000/month ($12,000 annually) and an attractive -5.6% ROI, outperforming typical Naples market averages. Ideally located in a prime Naples area, the property is within biking distance to the beach and just minutes from shopping, dining and entertainment. This second floor unit features and open and bright floor plan with vaulted ceilings, in-unit laundry, and a screened lanai with a peaceful community views. The well-maintained community offers a great amenities:two pools, tennis courts, fitness center and clubhouse. One Year Home Warranty is offered for added buyer peace of mind. Seller is motivated and open to discussing terms.