High-End For Sale in North Lauderdale, FL

Broward County |

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$1,243,000

$992,990

8061 Southgate Blvd, North Lauderdale, FL 33068

MLS# A11664393

N/A

Beds

N/A

Baths

1,010

SqFt

20% Decrease (-$250,010)

N/A

Garage

$983

$/SqFt

**6.75% cap rate** introducing a 4 unit bulk condo portfolio sale in royale gardens condo in north lauderdale. All 4 condos are 2/2s but have a 3rd room (association allows) and rented as 3/2 and all condos are in royale gardens coa (community has total of 144 units). 4 units from the same seller have a noi- $68,304 per year, gross rent roll- $109,560/y, roi- 6.75%..monthly coa fee at royale gardens is just $355 and includes reserves! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, easy to manage with 6-7% returns. Roofs replaced in 2022! Association allow immed renting & is investor-friendly. Sellers can split up the 4 units to accom buyers budget one unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.

Cutting Edge Investments & Realty Inc

Service by Hyperlocal Advisor

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