8061 Southgate Blvd North Lauderdale, 33068

**6.75% cap rate** introducing a 5 unit bulk condo portfolio sale in royale gardens condo in north lauderdale. All 5 condos are 2/2s but have a 3rd bedroom (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%.. The 5th unit is rented for $2,000 p/m. 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 5 units to accom buyers budget as each condo has it's own folio.