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Description

Value-added opportunity with 10 legal units next to a master plan development that will increase in equity. Fully fenced and has been renovated with new bathrooms, kitchens, flooring, and lush landscaping.

Nine (9) one-bedroom units and Three (3) two-bedroom units in an unbeatable location.

Units: 10; Price per unit: $112,500; NOI: $73,778; Cap rate: 6.56%

Investment Highlights

  • Opportunity Zone Investment with Strong Upside
  • Completely fenced and renovated property
  • High historical occupancy with waiting list
  • Immediate Opportunity to Increase Cash Flow
  • Easy Access to Jobs, Schools, and Downtown

 

INVESTORS / END BUYERS ONLY. No Agents.  

For more information, fill out the form below or email dluxjed@gmail.com

The information provided, including but not limited to SqFt, lot size, measurements, CAP rates, NOI, etc have been obtain from third parties. Because any disclaim might be subject to error, prospective purchasers shall conduct his/her/it own verification/due diligence of this information, warranty or representation. Information courtesy of Crexi, Bawons Properties.

Address

  • City: West Palm Beach
  • Country: United States

Detail

Updated on August 19, 2020 at 6:25 pm

  • Price: $1,125,000
  • Property Size: 5623 Sq Ft
  • Year Built: 1926
  • Property Type: Apartment Building, Commercial, Off Market
  • Property Status: For Sale

Contact info

D'Lux Real Estate Services
D'Lux Real Estate Services

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