The property totals 25 units -all 1bed' s/1bath's an amazing opportunity with upside potential this will make it a cashcow once stabilized re-Tiled all units, re roofed all units in 2006, New paving and recently placed on city sewer in 2010. There also exists on the site a extra/bonus building that is currently being used for maintenance storage. This could easily be converted into another large unit to Rent or the space could be converted into a neighborhood Coin operated Laundry facility (which is in high demand). This building would require $ for the interior build-out. Water & Sewer and electric are stubbed to the building. Property had passed 40 year inspection and seller will do financing %75 LTV for 3 years balloon at %6-7 simple interest with no prepay penalty amortized over 30 years. average rent of $175.00 per week. Average of Expenses are as follows which Seller will verify upon execution of a contract:: Electric - $1,350/mo. Water/Sewer - $2000/mo. Taxes - $1,566/mo. Garbage- $ 307/mo. Maintenance $ 700/mo. Manager- $ 2000/mo. Total $7,923 ($95,000 annually) Call for inspections and meeting with current manager asap.
Oceanfront motel/apartment building in a small oceaside community.
3BD/2BTH with balcony and beautiful view of the river. Washer, dryer and dishwasher included in the unit. Pets allowed. Large pool w/outdoor kitchen facility, 2 BBQ stations, cabana and hot tub. Rent approx: $2,300.
Flagler Village Development Opportunity. 19 rental income units on 5 parcels of land available. Frontage on 2 streets plus rear alley access. This area offers liberal RAC-UV(Regional Activity Center-Urban Village) zoning for mixed use business/residential. Sale includes a duplex(408/410 NE 1 AVE), two four-unit buildings(416/418 NE 1 AVE), fiveplex(415/417 NE 2 AVE), SFH(425 NE 2 AVE), triplex(429 NE 2 AVE). Properties are on 6 lots, each 127.5 x 50 feet. Financials, rent rolls, & more info available upon request. All 5 properties must be sold together
Capital Commercial Real Estate Group, Inc. is proud to market this elegant 10 unit apartment building in Lauderdale by the Sea. This asset was built in 1962 and consists of eight 1/1's and two 2/2's situated on 12,502 Sq. Ft. lot. The units are renovated & furnished, have central a/c and tile floors. This provides investors the opportunity to purchase a cash-flowing asset with 9.45% cap rate with verifiable income. The seller own's management firm that currently manages the property and willing to continue managing asset to make it a turn-key investment.
9 units nice apartment complex . Great location. 6 units - 1/1 2 units 2/2 1- studio All units has tile floors .
Las Olas Lofts has three 2 bedroom and six 3 bedroom homes within the building. Each home is decorated with stainless steel appliances, granite countertops, jacuzzi tubs, walk-in closets, floor-to-ceiling windows, private elevator entrances and covered parking.
3,200 SF Fourplex containing of two 1BR/1BA and two 2BR/1BA. All units are rented out. The inside has been renovated a year ago. New appliances and tiles were installed. Every unit has its separate central A/C. An ideal long term investment.
Just off Federal Highway, one block from SE 17th St Causeway, listing comprises of fiveplex with a shared courtyard. MUST BE PURCHASED with adjacent fourplex.