7941 Southgate Boulevard, North Lauderdale, 33068

  • $2,250,000

Listing UP for Sale

North Lauderdale

7941 Southgate Boulevard, North Lauderdale, 33068

North Lauderdale

  • $2,250,000

Overview

Property ID: A11543673
  • Property Type
  • Quadruplex
  • 1010
  • sqft
  • 1984
  • Year Built

Description

**6.5% CAP RATE** Introducing a 9 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. 8 OF THE 9 UNITS HAVE AN EXTRA 3RD ROOM AND ARE RENTED AS 3/2’s. One of them (vacant for showings) is 2/2. NOI- $155,376 per year, Gross Rent Roll- $247,560/Y, ROI- 6.5% 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 (annual leases only!). One Unit is vacant and available for showings. The other 8 are all rented. Excellent opportunity for the savvy investor

  • Address 7941 Southgate Boulevard
  • City North Lauderdale
  • State/county Florida
  • Zip/Postal Code 33068
  • Area Broward County

Details

Updated on May 13, 2024 at 8:10 pm
  • Property ID: A11543673
  • Price: $2,250,000
  • Property Size: 1010 sqft
  • Year Built: 1984
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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Mitchell Lvovsky
  • Mitchell Lvovsky