$1,700,000
Aggressive value-add play – 8-unit cash flow machine in lake worth!
Attention value hunters — 927 south pine street delivers the kind of durable construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market.
This two-story concrete block (cbs) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.
Property snapshot:
8 market rate apartments individually metered for water & electric
four 1br/1ba units averaging $1, 600/month
four 4:2br/1ba units averaging $1, 800/month
collecting over $13, 000 monthly
tenants pay all utilities
solid concrete block construction
brand new roof = reduced near-term capex
recent capital improvements keep operating costs low
why this location performs:
situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and i-95, supporting consistent tenant demand.
Why this deal hits:
strong in-place cash flow
minimal operating expenses
major capital item already completed
clear value-add opportunity with upside on rents
ideal for a hands-on investor ready to push performance
stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + cbs construction are getting scooped up
if you know how to create value, this is your next win.