Friday, July 26, 2024

COMMERCIAL DEAL IN THE WORKS - FT LAUDERDALE FL 33316


Freshly painted, Contemporary style 2 story apartment complex built in 1978, has 8 units in total, (1) 2/1 and (7) 1/1's all with private entrances and patio, balconies, central AC. Complex has 12 parking spaces guest and assigned. Total square footage under air is 4,912 total lot square ft. 14,300, 5 out of the 8 units are month-to-month. Present rents are below market value w/renovations the potential gross income $175,000 + and 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income.. Excellent location JUST MINUTES to beaches, restaurants, shops, 3 blocks to Publix and 4 blocks to the Whole Foods. No seller financing available.  Daniel Sasse United Realty Group 646.331.1173
#apartment #building #forsale #ftlauderdale #commercial



 

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