Broward 58 Unit Multifamily Portfolio
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Broward 58 Unit Multifamily Portfolio
3 Multifamily Properties Offered at $10,997,000 in Multiple Locations
Investment Highlights
- 6.4% pro-forma cap rate with realistic achievable rent increases
- Many big ticket items completed recently
- Excellent unit mix of 1 and 2 bedroom apartments
- All properties feature hurricane impact windows
- 4 unit property was recently gut renovated with permits, and includes new roof and in-unit washer/dryers
- Stabilized properties under professional management, easy transfer to new ownership
Executive Summary
Stabilized portfolio of 3 buildings (44 unit, 10 unit, 4 unit) for total of 58 apartments in Broward County.
- 6.4% pro-forma cap rate with realistic achievable rent increases
- All properties feature hurricane impact windows
- Many big ticket items completed recently
- 4 unit property was recently gut renovated with permits, and includes new roof and in-unit washer/dryers
- Excellent unit mix of 1 and 2 bedroom apartments
- Stabilized properties under professional management, easy transfer to new ownership.
- 6.4% pro-forma cap rate with realistic achievable rent increases
- All properties feature hurricane impact windows
- Many big ticket items completed recently
- 4 unit property was recently gut renovated with permits, and includes new roof and in-unit washer/dryers
- Excellent unit mix of 1 and 2 bedroom apartments
- Stabilized properties under professional management, easy transfer to new ownership.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Price | $10,997,000 | Status | Active |
Price / SF | $239.43 / SF | Number of Properties | 3 |
Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
Cap Rate | 3.95% | Total Building Size | 45,930 SF |
Sale Type | Investment | Total Land Area | 1.96 AC |
Price | $10,997,000 |
Price / SF | $239.43 / SF |
Sale Conditions | Bulk/Portfolio Sale |
Cap Rate | 3.95% |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 0 |
Total Building Size | 45,930 SF |
Total Land Area | 1.96 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
100 NW 30th Ave, Fort Lauderdale, FL 33311 | Multifamily | 5,025 SF | 1961 | - |
Casa Espanol
2221 NW 58th Ter, Lauderhill, FL 33313 |
Multifamily | 38,958 SF | 1974 | - |
2724 NW 6th Ct, Fort Lauderdale, FL 33311 | Multifamily | 1,947 SF | 1958 | - |
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Presented by
Mayfair Real Estate LLC
Broward 58 Unit Multifamily Portfolio
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