We expect commercial real estate investments to remain solid throughout the next few years. This Apartment Building in South Florida is an excellent addition to your portfolio. Also this cab be an excellent entry point for the new Commercial Property Investors.
This Apartment Building sits in the Fort Lauderdale, FL area. This Commercial Property consists of Eight fully occupied 3 bedroom 1 1/2 bath townhomes. This Broward County Property has each of these units containing a living area of an estimated 1088 sq. ft. which are sufficient for many South Florida renters. These attractive rental Units are equipped with a range, refrigerator, stackable washer – dryer as well as central a/c. Most of these rental units have private fenced yards. The Pompano Beach complex has an open parking lot for the tenants and additional parking in front which pleases renters. This Investment Property is being sold as a package at $119,000 per unit which comes in for a total of $952,000. Ownership is under two separate entities with crossover principals. There is another MLS Listing with the units 6,7,9 and 10 which are included in this sale.
ESSENTIAL INFORMATION FOR THIS BROWARD COUNTY INVESTMENT
- Price $952,000
- Year Built – 1979
- Type – Commercial Investment
- Sub-Type – Income
- Style – Resident, Multi-Family, Apartments
- Utilities Public Sewer, Public Water
- Waterfront – None available
- Lot Description TOWNHOMES – CONDO
- Roof – Other
- Area 3423
- Subdivision – POMPANO VILLAS
- City – Pompano Beach
- County – Broward
- State FL
- Zip Code 33060
- Appliances Building and Land, Fixtures
- Heating Central Individual
- Cooling Electric, Central Individual
- # of Stories 2
- Zoning 04
Listing information courtesy of Realty Associates – Boca Raton. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.