Address:
{$house.listing.address.address_line_1$}
{$house.listing.address.city$}, {$house.listing.address.state$} {$house.listing.address.postal_code$}
Price:
{$house.price$}
Listing Number:
{$house.listing.listing_number$}
{$metadata[0]$}:
{$metadata[1]$}
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. ALL 9 CONDOS ARE IN THE SAME COMMUNITY- ROYALE GARDENS! 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. One Unit is vacant and available for showings. The other 8 are all rented. SELLER CAN SPLIT UP THE 9 UNITS & SELL LESS UNITS TO ACCOM BUYERS BUDGET

{$adm.title$}
PDF Flyer
Share
Click For Audio 🔇