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Rental Income Portfolio 3 Condo Package 13% CAP potential



$184,900

FOR SALE

*** various

Lauderhill, FL

  • *Projected ROI after stabilizing with current market rents 12-13% **Current ROI is 9.4% (current income - Taxes and HOA )
  • Condo apartments rented below market at $2465 month to month combined. Market rents are $1,000 per unit
  • No age or rental restrictions
  • Each unit is 829 sq. ft and 2 bedrooms/one bath set up per unit
  • Each unit is month to month and all could use cosmetic upgrade but no major repairs needed
  • Tenants pay all utilities
  • Condo HOA fee is $ 250 per month each unit
  • Additional photos coming soon!!

Documents

 
No Documents for this Property


  • Sale Comps $210K - $220K
  • Rental Comps $850 - $1,000
  • Property Type Residential
  • Location Lauderhill, FL
  • Size 2487 sq. ft.
  • Bedrooms 6
  • Bathrooms 3
  • TAV 0K
  • Annual Taxes $0
  • Year Built 1979

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