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
Property Photos
Offering Price:

SOLD

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