2781 SW 2nd St - Apartments FOR SALE


Fort Lauderdale, FL 33312
$1,950,000 USD
646-241-9551
2781 SW 2nd St, Fort Lauderdale, FL for Sale
$1,950,000 USD
Apartments - FOR SALE
1/21
null | 6.1% Cap Rate

2781 SW 2nd St
Fort Lauderdale, FL 33312


OVERVIEW

2781 SW 2nd st, Fort Lauderdale is the opportunity to own a working 10 unit investment property in a bustling urban-core. Minutes away from downtown Fort Lauderdale and located just off W Broward BLVD and I-95 interchange, this building is just a few steps away from a large shopping Plaza that has everything a tenant needs, from Walmart to restaurants and more. The property has 10 XXL One Bedroom apartments, with all units upgraded, reduced insurance rate due to hurricane impact doors & windows, AC mini-split systems in all units, new stainless-steel appliances and updated landscaping. Enjoy a strong cashflow right from the start and let the property appreciate.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$317 USD /SF

# OF UNITS

10

PRICE/UNIT

$195,000

CAP RATE

6.1%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverland Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,578 SF

ZONING

RMM-25 Ft Lauderdale

APN/PARCEL ID

50-42-08-13-2110

ASK ABOUT THIS PROPERTY

646-241-9551

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646-241-9551

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