Multifamily in Tamarac, FL 33321Versailles Gardens, 7910 N Colony Cir N
Closed
Beds
949
SqFt$764
$/SqFtEntry-Level MultifamilyProperty Type
1975Year Built
$764/SqFtPrice per sq ft
$509/moHOA Fees
FourplexStyle
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! 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 (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA
Listing Courtesy Of: Cutting Edge Investments & Realty Inc
Local Realty Services Provided By: Best of Luxury Realty
On Site: 967 DaysUpdated: 60 Days agoPage Views: 0
Features
MLS Number: A11543690
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Tile
- Year Built: 1975
- Year Built Description: Effective Year Built
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-03-04T10:08:01.000-00:00
Taxes, Fees & More
- Taxes: 3147
Apples-to-Apples Comparables
Price History
Current
$725K
High
$975K
Low
$725K
Total Change
-25.6%Date
Event
Price
Change
Price Per
05/21/2024
Sold
$725K
-6.45%$764 ft2
$8,223 m2
04/09/2024
Price Reduced
$775K
-20.51%$817 ft2
$8,790 m2
03/04/2024
Listed
$975K
$1,027 ft2
$11,059 m2
05/21/2024
$725K
Event
Sold
Change
-6.45%Price Per
$764 ft2
$8,223 m2
04/09/2024
$775K
Event
Price Reduced
Change
-20.51%Price Per
$817 ft2
$8,790 m2
03/04/2024
$975K
Event
Listed
Price Per
$1,027 ft2
$11,059 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Mitchell Lvovsky • Cutting Edge Investments & Realty Inc • Buyer Agency Compensation .
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Community Snapshot
1 – 2 BR
Bedrooms
$139K – $219K
Price Tier
750 - 949
SqFt Range
1981
Year Build
3
Total Floors
Subdivision Amenities
Barbecue
Clubhouse
Elevators
Fitness Center
Laundry
Maintenance Grounds
Parking
Playground
Pool
Security
Trash
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