Turnkey residential income business generating $120,600 in gross annual rent and over $96,000 in net operating income. This single-entity acquisition includes all three underlying properties — one 2023 new-construction single-family residence and two well-maintained duplexes — totaling five leasable units in one of Southwest Florida's fastest-growing submarkets.
The business converts nearly 80% of gross rent directly to NOI, reflecting a lean, repeatable operating model with minimal overhead. All assets are concentrated in Lehigh Acres, Lee County, providing a single-market investment thesis with consistent tenant demand driven by population growth, affordability, and proximity to Fort Myers employment centers.
Business Highlights:

$120,600 gross annual rental income across 5 units
$96,132 net operating income (Year 1)
~80% rent-to-NOI conversion ratio
New-construction SFR anchor (2023 build, ~2,992 SF)
Two duplexes delivering 6.6%–7.4% going-in yields
Only $200,000 in outstanding debt — clean balance sheet
All real estate included in the sale
Entity or asset sale structure available
Owner-operated — no franchise fees, no proprietary systems
Conservative underwriting: 3% vacancy, 4% rent growth, 3% expense escalation

Ideal for: Income-focused investors, 1031 exchange buyers on deadline, portfolio aggregators building in Southwest Florida, or an owner-operator who wants to live in the SFR and rent the four remaining units.
The business is straightforward to operate and transfer. The current owners manage all leasing, maintenance, and financial administration directly. No specialized licenses, proprietary technology, or complex vendor relationships are required. A reasonable transition period will be provided.
Real estate is included in the asking price. Financials and property details are available upon execution of a Non-Disclosure Agreement.