119 NW 43rd Ct - Apartments FOR SALE


Fort Lauderdale, FL 33309
$949,900 USD
954-563-6800
119 NW 43rd Ct, Fort Lauderdale, FL for Sale
$949,900 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

119 NW 43rd Ct
Fort Lauderdale, FL 33309


OVERVIEW

Property consists of a 2 story building plus 1 story rear cottage. Both buildings have new roofs with transferable warranties. These annual apartments, occupied by long term tenants of several years, are currently month to month making upside potential immediate. This deep lot provides several spacious outdoor patios. Parking area can accommodate tandem vehicles greatly expanding the 7 spaces. Located steps off Andrews Avenue gives direct accessibility to Wilton Manors, downtown Fort Lauderdale, I-95, and the beach. The bus line and shopping are within walking distance. Property offers a lot of value and projected cap rate with increased taxes shows 6.6% return. Please drive by only and do not disturb tenants.

FOR SALE DETAILS

PRICE

$949,900 USD

PRICE/SF

$251 USD /SF

# OF UNITS

6

PRICE/UNIT

$158,317

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Apt Bldg + Cottage

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RM-16

APN/PARCEL ID

49-42-22-08-0210

ASK ABOUT THIS PROPERTY

Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

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Ross Z. HermanThe Keyes CompanyMore Info
954-563-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.