3115 Avenue J - Apartments FOR SALE


Riviera Beach, FL 33404- Park Manor
$2,790,000 USD
631-408-7886
3115 Avenue J, Riviera Beach, FL for Sale
$2,790,000 USD
Apartments - FOR SALE
1/8
null | 6.09% Cap Rate

3115 Avenue J
Riviera Beach, FL 33404
Park Manor


OVERVIEW

- $26,350 Monthly Rent Roll: (7) 3 Bedroom Units, (5) 2 Bedroom Units, (2) 1 Bedroom Units - 8.82 GRM - 1.96 Acres - Approved Plans to build an additional 15 units - Over $700k worth of Capex has been invested into the property which include: All roofs replaced in 2022 Most HVAC units have been replaced New Lighting and Smoke Detectors All PVC sewer lines connected to city main line All Bathrooms have new tile, toilets, plumbing, and fixtures All units have Impact Windows and Doors All units have solid wood kitchen cabinets and quartz countertops Stainless steel kitchen appliances and new washer/dryer systems

FOR SALE DETAILS

PRICE

$2,790,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

14

PRICE/UNIT

$199,286

CAP RATE

6.09%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3115-3039 AVENUE J

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

RM-15

APN/PARCEL ID

56-43-42-29-24-000-0130

ASK ABOUT THIS PROPERTY

Ethan KraussFranklin StreetMore Info
631-408-7886

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Ethan KraussFranklin StreetMore Info
631-408-7886

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