OFF MARKET

7910 Colony Cir N

Broward County, VERSAILLES GARDENS CONDO, Tamarac, FL

Asking

$775,000

BTC

12.383

ETH

249.41

Home Size
949 sq. ft.
Year Built
1975
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! 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!).HAVE 9 OTHERS IN ANOTHER COA

LOADING

Location

Market Area
Broward County
Neighborhood
VERSAILLES GARDENS CONDO

Agent

Mitchell Lvovsky

+1 310 910 1722

Contact Email

[email protected]