8061 Southgate Blvd North Lauderdale, 33068

999,990(-0.5% )
$994,990Price
1,010SqFt

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Size: 1,010 ft2 / 94 m2
Price: $985 ft2 / $10,604 m2
Built: 1988
HOA: $355/MO
MLS Number: A11664393
On Site: 61 Days
Updated: 2 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 room (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%..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 4 units to accom buyers budget one unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.
Features
Bedrooms
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Exterior and Lot Features
Price History
11/21/2024

Date

Price Reduced

Event

$995K

Price

-0.5%

Change Rate

$985 ft2 / $10,604 m2

Price Per

11/06/2024

Date

Price Reduced

Event

$1000K

Price

-20%

Change Rate

$990 ft2 / $10,657 m2

Price Per

09/23/2024

Date

Listed

Event

$1.3M

Price

$1,238 ft2 / $13,322 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mitchell LvovskyCutting Edge Investments & Realty Inc • Buyer Agency Compensation .

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