OFF MARKET
7941 Southgate Boulevard
Broward County, ROYALE GARDENS CONDO, North Lauderdale, FL
OFF MARKET
Asking
$2,250,000
BTC
33.254
ETH
595.94
Home Size
1,010 sq. ft.
Year Built
1984
**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
LOADING
Location
Market Area
Broward County
Neighborhood
ROYALE GARDENS CONDO
Agent
Mitchell Lvovsky
+1 310 910 1722