231 SW 15th St - Apartments FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$2,250,000 USD
786-985-1374
231 SW 15th St, Pompano Beach, FL for Sale
$2,250,000 USD
Apartments - FOR SALE
1/18
null | 5.17% Cap Rate


OVERVIEW

GREAT INVESTMENT OPPORTUNITY 8-UNIT MULTI-FAMILY (plus a small office room for short term renters) IN THE HEART OF POMPANO BEACH. ~ 3.5 MILES TO THE BEACH. RENOVATED BUILDING W/FENCED IN POOL, Two 2/1's and Six 1/1's with all updated interior and exterior, new roof and beautiful swimming pool area, impact doors and window, fenced pool, etc... Plenty of parking and guest parking. Fully tenant occupied with annual leases. Kitchens have stainless steel appliances, granite countertops and cherry wood cabinets. Property under 24/7 security camera. Cap Rate: 5.17%, NOI: $116,220.36. Income: $168,000. Don’t miss this opportunity! Offering memorandum available upon request.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

8

PRICE/UNIT

$281,250

CAP RATE

5.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM-20 County

APN/PARCEL ID

49-42-02-14-2490

ASK ABOUT THIS PROPERTY

Eric AmsallemFlorida InvestMore Info
786-985-1374

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Eric AmsallemFlorida InvestMore Info
786-985-1374

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