350 NW 6th St - Apartments FOR SALE
Pompano Beach, FL 33060 |
$895,000 USD
786-201-3020
350 NW 6th St
Pompano Beach, FL 33060
HIGHLIGHTS
- This property is located on a corner lot on NW 6 Street between N Dixie Hwy & I-95.
- Excellent access to surrounding submarkets.
- This opportunity features a 16 Room Motel with 6 shared bathrooms.
- Current NOI is approximately $120k annually.
- Property was re-roofed 2-3 years ago.
- Tenants pay on average $800-$1,000 monthly rent.
FOR SALE DETAILS
PRICE
$895,000 USD
PRICE/SF
$256 USD /SF
# OF UNITS
16
PRICE/UNIT
$55,938
CAP RATE
13.35%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Stabilized Motel
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1956
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
8,049 SF
ZONING
TO-DPOD
APN/PARCEL ID
48-42-35-02-0120
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786-201-3020
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786-201-3020
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