Luxury For Sale in North Lauderdale, FL
Broward County | 58 minutes ago
Results 1 of 1
MLS# A11590774
N/A
Beds
N/A
Baths
1,010
SqFt
10.2% Decrease (-$230,000)
N/A
Garage
$990
$/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 bedroom (association allows) and rented as 3/2 and all condos are in royale gardens coa. 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 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 4 units to accomodate buyers budget... Also have a 5th unit available and listed- inquire today!
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