8041 Southgate Blvd, North Lauderdale, 33068
Listing UP for Sale
8041 Southgate Blvd, North Lauderdale, 33068
Overview
- 25000
- Lot sqft
- 1988
- Year Built
Description
**6.75% CAP RATE** Introducing a 4 Unit (previously listed as 8- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75% 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. All units are rented.SELLER CAN SPLIT UP THE 4 UNITS TO ACCOMODATE BUYERS BUDGET.
ALSO HAVE A 5TH UNIT AVAILABLE AND LISTED-INQUIRE TODAY
Address
Open on Google Maps- Address 8041 Southgate Blvd
- City North Lauderdale
- State/county Florida
- Zip/Postal Code 33068
- Area Broward County
Details
Updated on August 30, 2024 at 10:12 am- Property ID: A11590788
- Price: $992,990
- Land Area: 25000 sqft
- Year Built: 1988
- Property Status: Listing UP for Sale
Listing Agent Contact Information
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