211 Lake Ave
Lake Worth, FL 33460
Condo/Apartment Investment Portfolio · Multifamily Property For Sale · 94 Units
PROPERTY FACTS
No. Units | 94 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Lot Size | 0.21 AC |
Building Size | 79,642 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built | 1974 |
Site Amenities
- Controlled Access
- Fitness Center
- Playground
About 211 Lake Ave , Lake Worth, FL 33460
Encompassing the entirety of the flourishing Palm Beach County, FL rental market, these 94 condominium units are an excellent turnkey package of stable, easy to manage, income producing investments throughout a select variety of desirable locales (see map on P2). Distributed closely among four primary municipalities, these units feature extremely marketable, spacious floorplams in central locations, convenient and permissive associations with reasonable dues, excellently maintained grounds, and a plethora of amenities. Quality affordable rental units are in extremely high demand in these areas, as rents have been driven heavily in recent years by population growth and a healthy local employment market. New construction and other such Class A developments present little value to middle class renters at their price point, making Class B+ units such as these an extremely attractive proposition. Tenants enjoy amenities such as coded and gated entrances, staffed leasing office, modern fitness centers, tennis courts, pool, in-unit washer/dryers, full time maintenance staff, and more all provided by the respective homeowner’s associations. Rental restrictions are comparatively minimal throughout the portfolio, as well. Currently owned and managed by a large South Florida Real Estate Company, these units are 100% occupied, with vetted tenants on long term leases, providing an excellent turnkey investment prospect to the savvy real estate investor looking to establish a strong foothold in the Palm Beach County rental market.
Learn More About Investing in Apartment Buildings
Listing ID: 13188580
Date on Market: 7/17/2018
Last Updated:
Address: 211 Lake Ave, Lake Worth, FL 33460
The Multifamily Property at 211 Lake Ave, Lake Worth, FL 33460 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS
- Downtown Jewel Apartment Buildings
- Mango Groves Apartment Buildings
- Bryant Park Apartment Buildings
- Parrot Cove Apartment Buildings
- Downtown West Palm Beach Apartment Buildings
- Ocean Breeze Apartment Buildings
- SOSA Apartment Buildings
- Casa Del Lago Apartment Buildings
- North Tamarind Apartment Buildings
- Pleasant City Apartment Buildings
Nearby Listings
- 428 Roseland Dr, West Palm Beach FL
- 4177 S Congress Ave, Lake Worth FL
- 1406 Barton Rd, Lake Worth FL
- 925 S K St, Lake Worth FL
- 352 W Pine St, Lantana FL
- 215 S Federal Hwy, Lake Worth Beach FL
- 314 S Federal Hwy, Lake Worth Beach FL
- 506 S M St, Lake Worth Beach FL
- 402 Ocean Breeze, Lake Worth Beach FL
- 417 N J St, Lake Worth Beach FL
- 517 S J St, Lake Worth Beach FL
- 906 N L St, Lake Worth Beach FL
- 215 N Federal Hwy, Lake Worth FL
- 402 N Federal Hwy, Lake Worth FL