7941 Southgate Boulevard, North Lauderdale (33068)
$2,250,000
0 
0
1,010
PROPERTY DETAILS
| Address: |
view address North Lauderdale, FL 33068 Map Location |
Features: | Air Conditioning, Multi-level |
|---|---|---|---|
| Square Feet: | 1,010 sq.ft. | Year Built: | 1984 |
| Styles: | Fourplex | Property Type: | Quadruplex |
| Community: | North Broward 441 To Everglades (3611-3642) | Neighborhood: | ROYALE GARDENS CONDO |
| County: | Broward | List Date: | 2024-03-03 |
| Listing Number: | A11543673 | Virtual Tour: | Click Here |
PROPERTY DESCRIPTION
**6.5% CAP RATE** Introducing a 9 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. 8 OF THE 9 UNITS HAVE AN EXTRA 3RD ROOM AND ARE RENTED AS 3/2's. One of them (vacant for showings) is 2/2. NOI- $155,376 per year, Gross Rent Roll- $247,560/Y, ROI- 6.5% 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 (annual leases only!). One Unit is vacant and available for showings. The other 8 are all rented. Excellent opportunity for the savvy investor
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Interior
Features
| Flooring: | Tile |
Cooling & Heating
| Cooling features: | Central Air | Heating features: | Central |
| Heating: | Yes |
Exterior
Exterior and Lot
| Construction Materials: | Block | Roof: | Shingle |
| Style: | Fourplex |
Pool and Spa
| Pool Features: | None |
Property and Lot Details
Other
| Sewer: | Public Sewer |
Fee
| Annual Tax: | 3473 | Association Fee: | 355.0 |
Building Information
| Year Built: | 1984 | Levels: | Two |
| Stories: | 2 |
Construction
| Building Area total: | 1010.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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