Menu Area
Menu Area
Content Divider
Login For Address
North Lauderdale, FL 33068
$999,995
2 Price Changes (-$ 1,250,005)
Active
43+
$999,995
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
190
DOM
Login For Address North Lauderdale, FL 33068
Beds, Baths, Condominium Sq.Ft.

**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

Listing Summary
  • City North Lauderdale
  • County Broward
  • Zip 33068
  • Price $999,995
  • Status Active
  • Subdivision
  • Pets Allowed No
  • MLS® # A11590788
  • Property Type Commercial Sale
  • Property Sub TypeCondominium
  • Status Active
  • Square Feet
  • Year Built 1988
  • Waterfront No
  • Maintenance Fees $355 Monthly
  • Taxes $3,473
  • Tax Year 2023
More Info
Contact Agent
More Info

Similar Properties
The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11590788) is provided courtesy of (Cutting Edge Investments & Realty Inc). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 12-02-2024. IDX powered by Realty Net Media
English EN Spanish ES French FR Italian IT Portuguese PT Russian RU German GER Chinese CN