A 33.3% general partnership interest in Heart of the Island Associates
SANIBEL, LEE COUNTY, FLORIDA 33957
About The Listing
Interest being Sold: | 33.3% |
Investment Highlights
- A thirty-three and one third (33.3%) percent general partnership interest in Heart of the Island Associates, which owns the retail shopping center 1614-1628 Periwinkle Way, Sanibel, Lee County, Florida 33957
- The partnership of the Heart of the Island Associates Agreement was created June 1, 1982
- There is one managing partner, and a total of 3 partners
- 33.3% interest in the general partnership is being sold
- Recent property appraised value of $3,860,000
- Long term ownership
- Property is 100% Leased
- Located on Sanibel Island
- Sanibel Island Median Income $138,000
- 11,384 sq ft of rentable area on 1.993 Acres