2561-2611 NW 56th Ave - Apartments FOR SALE
Lauderhill, FL 33313 |
$7,920,000 USD
305-450-4028
2561-2611 NW 56th Ave
Lauderhill, FL 33313
HIGHLIGHTS
- UNIT MIX: 36 Units (18) 2 Bedroom/1 Bathroom & (18) 2 Bedroom/2 Bathroom
- LOCATION: 5-minute walk from Oakland Park Blvd retail centers, which include national retailers such as Publix, Truist, Pollo Tropical, etc
- SALE PRICE: $7,920,000 ($220K/Unit)
- BUILDING FEATURES: Up-to-date appliances, lakeview, 18 storage units, assigned parking for each unit, all units have individual central A/C, each unit
- OWNERSHIP ADVANTAGE: This investment has multiple exit strategies due to the owner controlling 100% of the units in the HOA
- RENTAL UPSIDE: 10% upside in rents with yearly leases fully occupied
FOR SALE DETAILS
PRICE
$7,920,000 USD
PRICE/SF
$36 USD /SF
# OF UNITS
36
PRICE/UNIT
$220,000
CAP RATE
5.59%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
INVERRARY ON THE LAKE
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1990
PARKING SPACES
48
LAND DETAILS
LAND ACRES
11.69 AC
LAND SF
509,199 SF
ZONING
RM-18, Lauderhill
APN/PARCEL ID
49-41-26-DK-0010,49-41-26-EA-0010,49-41-26-EB-0020
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305-450-4028
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305-450-4028
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