Property Description

Amazing opportunity to purchase a turnkey 5 units multi-family apartment building. Located in highly desired Lakeridge neighborhood. 1.5 miles to Fort Lauderdale’s famous sandy Beach! All new hurricane impact windows! All units have been completely renovated: New kitchens! New bathrooms! New flooring! New mini split AC units! New appliances! Washer/Dryer facility for additional income potential. Privacy fence and assigned yard space for each unit. Next to a vacant lot with future development potential. Run it as an Airbnb and enjoy over 10%+ CAP rate… Current asking price reflects almost 6% net cap rate! Don’t wait, this won’t last. So much opportunity! 5 parking spaces and additional off-street parking. Call now to submit your offers!! *Could easily be converted to 6 units*

Features

Heating System : Other, Central Electric

Cooling System : Other, Central Individual A/c

Fence : Fenced

Parking : 5

Building Features : Laundry Facilities

Roof : Shingle

Security Features : Security Fence

Sewer : Public Sanitation

Address Details

State : FL

County : Broward County