PICTURES ARE LOADING...
Business opportunity for sale in Fort Lauderdale
USD 6,700,000
Business opportunity (For sale)
16,911 sqft
Reference:
EDEN-T97566229
/ 97566229
Reference:
EDEN-T97566229
Country:
US
City:
Fort Lauderdale
Postal code:
33312
Category:
Commercial
Listing type:
For sale
Property type:
Business opportunity
Property size:
16,911 sqft
Parkings:
1
REAL ESTATE PRICE PER SQFT IN NEARBY CITIES
| City |
Avg price per sqft house |
Avg price per sqft apartment |
|---|---|---|
| Miami Beach | - | USD 1,672 |
| Palm Beach | USD 732 | USD 771 |
| Loughman | USD 196 | - |
| Florida | USD 506 | USD 822 |
Rare opportunity to acquire a very well-maintained 24-unit apartment building located within close proximity to Las Olas, downtown Ft. Lauderdale. Easy access to I-95, Turnpike, Broward Blvd, and US-1, Davie Blvd, Fort Lauderdale Airport.Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). This is a great value-add opportunity for an investor to bring rents up to market and recapture 16% upside potential in rents. The property is 100% occupied, and the rents are below market. Currently 100% occupied.Capital improvements include 16-units that have been upgraded from new bathrooms, kitchens, stainless steel appliances, tile flooring, some have laminate wood look flooring, freshly painted, updated landscaping & more. The property has undergone significant capital improvements within the last two years.Amenities include command area laundry room, lush tropical landscaping, reserved parking for tenants, all units have central air conditioning.Palm Lakes apartments is a 24-units two floor complex located in Riverside Park submarket in Fort Lauderdale South Florida within Broward County. Palm Lakes is situated on .60 of an acre.Property website buildout: https://buildout.com/website/1332302-sale
Property Website (branded) https://orders.virtuals1.com/sites/1916-sw-11th-st-fort-lauderdale-fl ... /brandedMls: https://portal.onehome.com/en-US/share/1657057H34696Alex Lizama
COLDWELL BANKER COMMERCIAL REALTY
3319 Sheridan Street Hollywood, Florida 33021
Phone number: ...
E: ...
Digital business card: https://realtybizcard.com/alexlizama View more View less 1916 SW 11 STREET, FORT LAUDERDALE FL 33312
Rare opportunity to acquire a very well-maintained 24-unit apartment building located within close proximity to Las Olas, downtown Ft. Lauderdale. Easy access to I-95, Turnpike, Broward Blvd, and US-1, Davie Blvd, Fort Lauderdale Airport.Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). This is a great value-add opportunity for an investor to bring rents up to market and recapture 16% upside potential in rents. The property is 100% occupied, and the rents are below market. Currently 100% occupied.Capital improvements include 16-units that have been upgraded from new bathrooms, kitchens, stainless steel appliances, tile flooring, some have laminate wood look flooring, freshly painted, updated landscaping & more. The property has undergone significant capital improvements within the last two years.Amenities include command area laundry room, lush tropical landscaping, reserved parking for tenants, all units have central air conditioning.Palm Lakes apartments is a 24-units two floor complex located in Riverside Park submarket in Fort Lauderdale South Florida within Broward County. Palm Lakes is situated on .60 of an acre.Property website buildout: https://buildout.com/website/1332302-sale
Property Website (branded) https://orders.virtuals1.com/sites/1916-sw-11th-st-fort-lauderdale-fl ... /brandedMls: https://portal.onehome.com/en-US/share/1657057H34696Alex Lizama
COLDWELL BANKER COMMERCIAL REALTY
3319 Sheridan Street Hollywood, Florida 33021
Phone number: ...
E: ...
Digital business card: https://realtybizcard.com/alexlizama