13901 Folkestone Cr.
Some listings show the Apartment Investment address as 13901 Folkstone Circle.
|Building Size||10,240 SF||No. Stories||2|
|Price per Unit||$275,000||Year Built||1998|
|Property Type||Multifamily||Lot Size||16,376 SF|
|Property Sub-type||Garden/Low-Rise||APN / Parcel ID||73-41-44-09-02-073-0180|
|Property Use Type||Investment||Parking Ratio||0.39 / 1,000 SF|
West Palm Beach Investment Property Description
Quadplex within the heart of the Village of Wellington- a highly desirable town due to equestrian influence and A-rated schools. Folkestone features 5 bedrooms (in high demand) with 2.5 baths and 1 car garages. Units are priced at 7+% cap. Demonstrating the highest returns of any multifamily property on the Wellington market with room to grow. Potential to lease out seasonally as well as annually.
13901 Folkestone has no deferred maintenance, tenants in 3 units responsible for AC and interior maintenance.
13901 Folkestone Circle
Wellington, Florida 33414
Financial Summary (Actual)
|Scheduled Gross Income||$184,800||Net Operating Income||$145,000|
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