**6.75% cap rate** introducing a 3 unit (previously listed as 4- thus the price decrease) bulk condo portfolio sale in royale gardens condo in north lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and all condos are in royale gardens coa. Units are rented between 2350-2400 per month! Monthly coa fee at royale gardens is just $390 (per unit) 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 3 units to accomodate buyers budget. One unit is rented for $2400, 2 are rented for $2350
Cutting Edge Investments & Realty Inc