16 UNIT APARTMENT BUILDING IN SOUTH FLORIDA. PERFECT FOR 1031

$4,200,000
For Sale

8132

Property ID

19,522 SqFt

Size

Description

Price reduced $200,000.00 for quick sale.

RENTS ARE LOW *PROJECTED RENTAL INCREASES TO $2400 PER MONTH X 16 UNITS = $460,800 ANNUAL (POTENTIAL)
MOST TENANTS ARE ON A MONTH-TO-MONTH BASIS)
Perfect for a 1031 Exchange.
16 Units all 2 bedrooms/1.5 Bathrooms
Close to US1 (Federal Highway)
Minutes to the Beach
No Bidding war, Owner will accept the first decent offer.
Quick close available. Several new MULTI-FAMILY developments are being built/or already built, all within walking distance.
Call now before it’s gone.
CLICK VIDEO LINK TO VIEW WALKTHROUGH.

ALL INFORMATION LISTED MUST BE VERIFIED UPON DUE DILIGENCE.
POTENTIAL BUYER HOLDS VIP PROPERTY MANAGEMENT CORP., HARMLESS FOR ANY ERRORS IN THE FINANCIAL STATEMENTS IN THIS LISTING.

* (THE $2400 MONTHLY RENTAL INCREASE IS ONLY AN OPIONION OF VALUE AND BUYER MUST CONDUCT THEIR OWN EVALUATIONS)

Address

  • Province / State: Florida
  • City / Town: Pompamo Beach
  • Postal code / ZIP: 33060
  • Property ID 8132
  • Price $4,200,000
  • Property Type Multifamily
  • Property status For Sale
  • Year Built 1970
  • Size 19,522 SqFt
  • Land area 0.00.42 Acres
  • Sellers Motivation FIRM
  • Number of Units 16

Contact

954-825-9640
viprealtyceo@gmail.com
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