Commercial property in North Lauderdale, Florida 93.83 sq.m. № 1180754
17
![Commercial property in North Lauderdale, Florida 93.83 sq.m. № 1180754](https://storage2.florida.realestate/static/p/w37r2v4h/rnih50qy90zn01f/c70fa22b44356f75e2011e0b2ebd5233_890x440.jpg)
ID1180754
$ 2 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 4 UNITS TO ACCOMODATE BUYERS BUDGET... ALSO HAVE A 5TH UNIT AVAILABLE AND LISTED- INQUIRE TODAY!MLS #: A11590774
Contact the seller
CityNorth Lauderdale
Address8061 Southgate Boulevard, North Lauderdale FL 33068
TypeCommercial property
Living space93.83 m²
- m²
- sq. ft
Completion dateIV quarter, 1988
Parking places4
Price
- Price
- per m²
$ 2 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
Offer your price