Size: 1,010 ft2 / 94 m2
Price: $990 ft2 / $10,657 m2
Built: 1988
HOA: $355/MO
MLS Number: A11590774
On Site: 119 Days
Updated: 7 Days ago
Page Views: 0
**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!
Features
Exterior and Lot Features
Price History
$990 ft2 / $10,657 m2
Price Per
$2,000 ft2 / $21,528 m2
Price Per
$2,228 ft2 / $23,979 m2
Price Per
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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