5807 SW 25th St, West Park, 33023

  • $3,200,000

Listing UP for Sale

West Park

Overview

Property ID: A11662862
  • 12754
  • Lot sqft
  • 1955
  • Year Built

Description

We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.

  • Address 5807 SW 25th St
  • City West Park
  • State/county Florida
  • Zip/Postal Code 33023
  • Area Broward County

Details

Updated on September 20, 2024 at 8:14 am
  • Property ID: A11662862
  • Price: $3,200,000
  • Land Area: 12754 sqft
  • Year Built: 1955
  • Property Status: Listing UP for Sale

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Elior Levi
  • Elior Levi