$2,650,000
$3,450,000
23.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 08/17/2016
Key Details
Sold Price $2,650,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10026700
Sold Date 08/17/16
HOA Y/N No
Year Built 1979
Tax Year 2015
Property Description
PLEASE DO NOT DISTURB TENANTS!Fantastic 22 unit residential complex: 10 2/1.5 townhouses & 12 1/1 single story apartments.The current rent roll is approximately The rental revenue of this asset to throwing off around $240K+ per year of NET OPERATING INCOME(NOI), or 6.3%. 1 bedrooms average $985/m and the two bedroom units between $1,400-$1,425 per month.
Annual Expenses including management, but excluding maintenance and repairs is roughly $95K, including a $12,000 charge for management
Location
State FL
County Broward County
Area North Broward Intracoastal To Us1 (3211-3234)
Zoning RM25
Interior
Flooring Carpeted Floors, Wood Floors
Exterior
Waterfront No
Water Access N
Roof Type Composition Roll,Other Roof
Private Pool No
Building
Story 2.0000
Foundation Frame Construction, Frame With Stucco
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Get More Information