1109 NW 6th Ave - Apartments FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$1,200,000 USD
561-706-0095
1109 NW 6th Ave, Pompano Beach, FL for Sale
$1,200,000 USD
Apartments - FOR SALE
1/15
null | 6.99% Cap Rate


HIGHLIGHTS

  • Seller Financing Options Available!
  • Easy and Quick to Rent!
  • Interiors Completely upgraded in 2022 restoration!
  • 100% Occupied!
  • Excellent Location!

OVERVIEW

Seller Financing Options Available! Completely restored and remodeled modern 5-unit CBS apartment building. Everything was updated including A/C, Electrical, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Appliances, Cabinets, Closets, etc in 2022 as part of the restoration. Everything permitted in each unit as of 2022! Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. 2br units rent for $1,900 to $1,950 and the 1br unit rents for $1,700 to $1,750 per month. Gross income at $113,400 per year! Easy to self-manage and great tenants 100% occupied since restoration completed! Great east location near everything! All 5 leases are annual unfurnished.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$367 USD /SF

# OF UNITS

5

PRICE/UNIT

$240,000

CAP RATE

6.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RM-20

APN/PARCEL ID

48-42-35-53-0020

ASK ABOUT THIS PROPERTY

Matan MoragMatan Morag, P.A.More Info
561-706-0095

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Matan MoragMatan Morag, P.A.More Info
561-706-0095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.