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3861 NE 22nd Way

Lighthouse Point, FL 33064

$6,400,000

Apartments For Sale  •  24,800 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 24,800 Sq Ft
  • Lot Size 0.47 ac
  • Building Class B
  • Year Built 2008
  • Cap Rate 3.77 %
  • Zoning RM16, Lighthouse Pt
33 Transit Score
67 Walk Score

Description

8 Unit Residential Town Home Community! All 8 Units are Fully Rented with 1 Year Leases - Rent Ranging from 3800-4000 per Unit. Each Unit has their own elevator, a full three floors of living space, 3 bedroom 3.5 bathrooms with a 2 Car Garage.  3855 NE 22nd Way Lighthouse Point to the left of the community can be included in the price as well.  3855 home is a 3/2 pool home perfect for a property manager to live in for managing the 8 townhomes! MLS NUMBER F10148117.

Highlights

Fully Rental
High Desireable Area
Over 3,000 Sq Feet of Living Area in each unit

Financial Summary (Actual)

Net Operating Income: $241,044 (2017)
Cap Rate: 3.77 %
Total Expenses: $120,156

Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Wheelchair Accessible (Rooms)

Public Transportation

Commuter RailDriveWalkDistance
Pompano Beach Commuter Rail (Tri-County Commuter) 11 min - 3.5 mi
Deerfield Beach Commuter Rail (Tri-County Commuter) 13 min - 6.5 mi
AirportDriveWalkDistance
Fort Lauderdale–Hollywood International Airport 29 min - 19.8 mi
Palm Beach International Airport 41 min - 34.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Brian Scharick 954-644-9118 Coldwell Banker
Brian Scharick 954-644-9118 Coldwell Banker