Rare Find. 13 Units Near Ft. Lauderdale Beach

Fort Lauderdale, FL (Broward County)

Rare Find. 13 Units Near Ft. Lauderdale Beach
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Asking Price: $1,750,000

Gross Revenue: $138,000

Price/Sq. Ft.: N/A

NOI: $102,000

Building SF: 6,529

FF&E: N/A

Year Built: 1974

Rare Find. 13 Units Near Ft. Lauderdale Beach

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Property Description

An excellent investment opportunity.

13 Units Residential Multi Family On A Double Lot Only 2 Miles From The Beach!

8 Units Are 1 Bedroom 1 Bath.
One Unit Has 2 Bedrooms 2 Baths
4 Units Are Studios.
Coin Operated Laundry Used For Additional Income.
Current Rents Are Way Below Market.
Current Cap is 5.84%. Pro forma Cap 8.5%

Priced for a quick sale at under 135,000 per unit.

****************NO BROKERS OR REALTORS.**********************

Qualified and well capitalized BUYERS are invited to initiate contact. Please note that this property is located in Florida and is offered under confidentiality with a completed NDA.
Email: rudy.buydirect@gmail.com for NDA. Or text: 954-873-4257
Rudy Singh. Buy Direct Real Estate Inc.

All data on this property is for information purposes only. Any information given herewith is obtained from sources we consider reliable, however Broker is not responsible for misstatement of facts, errors or omissions, and withdrawal from the market, or change in price without notice.

Detailed Information

Location:
Fort Lauderdale, FL
Type:
Multi-Family
Building SF:
6,529
Building Status:
Established
Facilities:
Actual Gross Income Is $138,480 Pro forma Gross Income: $186,000.
Current Property Expenses:
Total Expenses: $36,270
Location Description:
Located less than 8 minutes from Ft. Lauderdale Beach. High rental and one of the fastest growing areas in South Florida.
Current and Prior Use:
Zoned - Multifamily. An amazing opportunity to purchase an income property in sunny warm South Florida.
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Rudy Singh

Property Listed By:
Rudy Singh

Buy Direct Real Estate

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