COLLIER MANORS | 2865 NE 13th Ave
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COLLIER MANORS 2865 NE 13th Ave
2 Unit Apartment Building $710,000 ($355,000/Unit) Pompano Beach, FL 33064
Investment Highlights
- - Ideal for Owner occupant and collect rent to cover 1/2 of the mortgage.
- - Renovated in 2024
- - 2 units, single family home plus a in law quarters.
- - Prime Pompano Beach location
Executive Summary
ALL REMODELED single family home with an attached in-law apartment with private entrance and private yard.
House could be owner occupied and collect rent from the apartment and cover almost half of the mortgage.
House potential market rent $4,000
3 beds 3 baths
1200 SF
Attached apartment potential market rent $2,400
2 beds 1 bath
600 SF
Newer roof
Newer plumbing
Fully remodeled ready to occupy and/or collect rental income.
House could be owner occupied and collect rent from the apartment and cover almost half of the mortgage.
House potential market rent $4,000
3 beds 3 baths
1200 SF
Attached apartment potential market rent $2,400
2 beds 1 bath
600 SF
Newer roof
Newer plumbing
Fully remodeled ready to occupy and/or collect rental income.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $76,800 | $38.79 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $76,800 | $38.79 |
Taxes | $5,300 | $2.68 |
Operating Expenses | $5,170 | $2.61 |
Total Expenses | $10,470 | $5.29 |
Net Operating Income | $66,330 | $33.50 |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | $76,800 |
Annual Per SF | $38.79 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $76,800 |
Annual Per SF | $38.79 |
Taxes | |
---|---|
Annual | $5,300 |
Annual Per SF | $2.68 |
Operating Expenses | |
---|---|
Annual | $5,170 |
Annual Per SF | $2.61 |
Total Expenses | |
---|---|
Annual | $10,470 |
Annual Per SF | $5.29 |
Net Operating Income | |
---|---|
Annual | $66,330 |
Annual Per SF | $33.50 |
Property Facts
Price | $710,000 | Building Class | C |
Price Per Unit | $355,000 | Lot Size | 0.13 AC |
Sale Type | Investment | Building Size | 1,980 SF |
No. Units | 2 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1958 |
Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
Apartment Style | Garden |
Price | $710,000 |
Price Per Unit | $355,000 |
Sale Type | Investment |
No. Units | 2 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.13 AC |
Building Size | 1,980 SF |
No. Stories | 1 |
Year Built | 1958 |
Parking Ratio | 2/1,000 SF |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
3+2.5 | 1 | $4,000 | - |
2+1 | 1 | $2,400 | - |
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zoning
Zoning Code | RS-4 (RESIDENTIAL) |
RS-4 (RESIDENTIAL) |
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COLLIER MANORS | 2865 NE 13th Ave
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