Commercial property in North Lauderdale, Florida № 1180759
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![Commercial property in North Lauderdale, Florida № 1180759](https://storage2.florida.realestate/static/p/z9819nqotyd6gq/yd89uy0hf7enwnk/9059989d4cccdd609343d17d80ddc058_890x440.jpg)
ID1180759
$ 2 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
**6.75% CAP RATE** Introducing a 4 Unit (previously listed as 8- thus the price decrease) 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 TODAYMLS #: A11590788
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CityNorth Lauderdale
Address8041 Southgate Blvd, North Lauderdale FL 33068
TypeCommercial property
Completion dateIV quarter, 1988
Parking places8
Price
- Price
- per m²
$ 2 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
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