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Multifamily Residential
$992,990
$2,250,000
56%
8041 Southgate Blvd North Lauderdale, FL

A11590788

3 of 94 for Sale
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an agent
  • Listed On:

    May 20, 2024
  • Days on Market:

    215
  • Year:

  • Taxes:

    $3,473 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

8041 Southgate Blvd North Lauderdale, FL **6.75% CAP RATE** Introducing a 4 Unit (previously listed as 8- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 4 UNITS TO ACCOMODATE BUYERS BUDGET

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Any questions about Multifamily Residential?
Contact our North Lauderdale Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

We will sell it for you!
We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
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