West Terry – Bonita Springs, Florida

A well-positioned multi-family rental community in Bonita Springs offering stable long-term income opportunities in a rapidly growing market.

“From distressed to desirable – a full transformation in Bonita Springs.”

Location
Bonita Springs, Florida
Units
18 rental units (nine duplexes)
Land Size
Two acres
Property Type
Multi-Family Rental Community

Located along West Terry Street and the Imperial Canal, this 18-unit duplex portfolio spans approximately two acres and was originally constructed in the late 1960s. We acquired the property in 2018 in distressed condition, requiring a full-scale rehabilitation. Our team executed extensive renovations, including structural upgrades, interior remodels, and significant landscaping improvements.

The mix of 2-bedroom and 1-bedroom units was repositioned to attract stable tenants and achieve increased rental income. After holding the asset for seven years, we completed a successful sale in 2025 at a valuation above prevailing market rates.

Dedication to Creating Sustainable Growth and Modern Living Spaces

A single-story house with a gray roof and covered patio sits amid lush landscaping, represented by TN Capital Investments in Naples, FL.
Two white buildings with gray roofs, managed by TN Capital Investments in Naples, FL, are divided by a lawn near a canal.
Suburban neighborhood in Naples, FL, with tree-lined streets and homes, seen from above; TN Capital Investments property.
Map of a residential area in Naples, FL, bounded by Sun Aqua Ln and others, with TN Capital Investments' numbered lots shown.
Suburban neighborhood in Naples, FL with houses, trees, and roads near the coast; TN Capital Investments visible in the distance.

Walkable Downtown Access & Regional Connectivity

Historic Downtown Bonita Springs
Walking distance
Shopping & Restaurants
Minutes away
Schools
Minutes away
Medical Centers
Minutes away
Recreational Attractions
Minutes away
Public Transit
Immediate proximity
Major Highways
Minutes away

Property Scale, Layout, and Unit Breakdown

The property is designed for comfort and functionality. Each unit offers a practical layout to suit different lifestyle needs. The unit mix consists of:

  • 5 units with 2 bedrooms and 1 bathroom
  • 13 larger units with 1 bedroom and 1 bathroom

Additional features include:

  • Boat ramp with access to the Gulf of Mexico
  • Scenic views of the Imperial River
  • Landscaped grounds and spacious lot layout

Designed for Longevity and Resident Comfort

West Terry reflects a commitment to sustainable growth through thoughtful site planning and modern living spaces. The community layout supports functionality, green space, and a cohesive residential environment.

Why Bonita Springs Continues to Perform

Bonita Springs continues to be one of Southwest Florida’s fastest-growing cities. Located between Naples and Cape Coral, the city saw a 7.5% population increase in 2020 and now houses approximately 65,000 residents, a trend that supports long-term rental demand.

Homes in the area are highly desirable, typically receiving multiple offers and selling within an average of eight days. This demand carries over into rentals, making properties like West Terry strong performers in both occupancy and appreciation.

The area is recognized for:

  • Award-winning residential communities
  • Quality schools and public amenities
  • Shopping, dining, and entertainment options
  • Access to beaches, the Estero River, and outdoor recreation
  • Proximity to Southwest Florida International Airport
Secret Link