South Florida
North Lauderdale, FL Multi Family Homes For Sale
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MLS# A11664393
N/A
Beds
N/A
Baths
1,010
SqFt
20% Decrease (-$250,010)
N/A
Garage
$750
$/SqFt
**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
3D Virtual Tour
Professional Photos
Syndicated Exposure
North Lauderdale, FL Snapshot
189Active Inventory
6New Listings
$105K to $757.5KPrice Range
30Pending Sales
$355KMedian Closed Price
29Days On Market
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