Portfolio For Sale Multi-Family FOR SALE


Boca Raton, FL - West Boca Raton
$1,999,000 USD
305-989-6686
, Boca Raton, FL for Sale
$1,999,000 USD
Multi-Family - FOR SALE
1/5
null | 6.16% Cap Rate

Portfolio For Sale
Boca Raton, FL
West Boca Raton


HIGHLIGHTS

  • Great investment opportunity.

OVERVIEW

Introducing a rare opportunity to acquire a portfolio of eight condominium units in the well-maintained Edgewood Condominiums community, located at 22775 SW 66th Ave, Boca Raton, FL 33428. Built in 1979, this charming complex consists of 10 two-story buildings with 160 units, each governed by an individual building association and an overarching master association. Most of the units have been completely renovated, providing modernized interiors that appeal to both investors and prospective tenants. One of the eight units is designated as 55+, making it ideal for targeting a broader tenant demographic. The Edgewood Condominiums community features desirable amenities, including a swimming pool and clubhouse, enhancing the quality of life for residents. The property is conveniently located near the Sawgrass Expressway, providing easy access to major highways, shopping centers, dining, and entertainment. Additionally, the area is home to well-rated schools, making it an appealing option for families and long-term tenants.

ASK ABOUT THIS PROPERTY

Joshua KaufmanCompassMore Info
305-989-6686

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

Joshua KaufmanCompassMore Info
305-989-6686

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