Commercial property in Boynton Beach, Florida № 1946375

Property description

CRESTVIEW Apartments : Pool House, renovated 7-unit portfolio in Boynton Beach(333-335-337-401). Solid 1972 CBS with ample parking. Mix: one 3/2 with private pool, four 2/1 (two with backyards), and two studios. 2021–2025 improvements include full interior upgrades, electrical, new A/Cs, exterior/fencing/landscaping, resurfaced parking, and refreshed pool, Turnkey cash flow with rent-growth upside in a rising neighborhood. Current Income $169,500.00, Pro forma Income $185,400, NOI $118,622.99, Pro format NOI $125,262.99 NOI, Cap rate 5,40%, pro forma Cap Rate 5.70. Offering Memorandum available upon request, read Broker Remarks.