Apartments For Sale • 5,718 SF
| 18-Unit Multifamily Investment – Consists of 17 studio units and 1 one-bedroom unit in a strong rental market. |
| Renovated Units – Many units feature new flooring, modern kitchens, updated bathrooms, and recessed lighting. |
| Strong In-Place Returns – $204,321 NOI with a 6.83% cap rate at current operations. |
| Fully Occupied Asset – Stabilized property with consistent rental income and tenant demand. |
| Additional Income Stream – Onsite coin laundry machines provide supplemental revenue. |
| Turnkey Investment – New roof installed last year, plus ample parking and outdoor seating area for tenants. |
| Cap Rate: | 6.83 % |
| Total Expenses: | $131,919 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Hollywood (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 10 min | - | 3.8 mi |
| Golden Glades (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 10 min | - | 5.2 mi |
| Airport | Drive | Walk | Distance |
| Fort Lauderdale/Hollywood International | 18 min | - | 9.2 mi |
| Miami International | 37 min | - | 22.7 mi |