2561 NW 56th Ave | Lauderhill, FL 33313
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- LoopNet Team
2561 NW 56th Ave
Lauderhill, FL 33313
INVERRARY ON THE LAKE · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- UNIT MIX: 36 Units (18) 2 Bedroom/1 Bathroom & (18) 2 Bedroom/2 Bathroom
- SALE PRICE: $7,400,000 ($205K/Unit)
- OWNERSHIP ADVANTAGE: This investment has multiple exit strategies due to the owner controlling 100% of the units in the HOA
- LOCATION: 5-minute walk from Oakland Park Blvd retail centers, which include national retailers such as Publix, Truist, Pollo Tropical, etc
- BUILDING FEATURES: Up-to-date appliances, lakeview, 18 storage units, assigned parking for each unit, all units have individual central A/C, each unit
- RENTAL UPSIDE: 10% upside in rents with yearly leases fully occupied
PROPERTY FACTS
| No. Units | 36 | Building Size | 99,805 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 0.48/1,000 SF |
| Lot Size | 11.69 AC | ||
| Zoning | RM-18, Lauderhill - Multifamily | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 11.69 AC |
| Building Size | 99,805 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | RM-18, Lauderhill - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Waterfront
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 18 | - | 900 |
| 2+2 | 18 | - | 950 |
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