1109 NW 6th Ave - Apartments FOR SALE


Pompano Beach, FL 33060- Outer Pompano Beach/Deerfield Beach
$1,050,000 USD
561-706-0095
1109 NW 6th Ave, Pompano Beach, FL for Sale
$1,050,000 USD
Apartments - FOR SALE
1/23
null | 7.82% Cap Rate


HIGHLIGHTS

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

OVERVIEW

Completely restored & permitted project in 2022. Modern remodeled 5-unit CBS apartment building. Everything was updated including A/C, Hot Water Tank, Electrical, Panels, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Hardware, Appliances, Cabinets, Vanities, Tub, Closets, and much more in 2022 as part of the restoration. Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. Easy to self-manage and great tenants since restoration completed! Great east location near everything! All leases are annual unfurnished. ~7.0%+ cap rate at full ask price! Potential Easy to self-manage and great tenants since restoration completed! Great east location near beaches, downtown Pompano, retail shops, I-95 and much more. Seller Financing Options Available!

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$321 USD /SF

# OF UNITS

5

PRICE/UNIT

$210,000

CAP RATE

7.82%

% 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 Notice.