161 NW 40th St - Apartments FOR SALE


Oakland Park, FL 33309
$899,000 USD
954-372-1043
161 NW 40th St, Oakland Park, FL for Sale
$899,000 USD
Apartments - FOR SALE
1/15
null | 5.46% Cap Rate

161 NW 40th St
Oakland Park, FL 33309


OVERVIEW

161 NW 40 st. Oakland Park is a unique opportunity to own a 5 unit working investment in a prime central location, in one of the fastest growing communities in South Florida. With choosing this investment, you have a fantastic opportunity to build an additional house with 3 Bedroom and 2 Bathrooms. Plans have already been submitted for approval. All units are upgraded, new stainless steel appliances, and updated landscaping. Enjoy a strong cashflow right from the start while investing and building the additional house and turning a great investment into an amazing one.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

5

PRICE/UNIT

$179,800

CAP RATE

5.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,796 SF

ZONING

ZONING DESCRIPTION: RM-16

APN/PARCEL ID

49-42-22-08-2180

ASK ABOUT THIS PROPERTY

Ramin DanialianMetropolitan Property Group Florida, LLCMore Info
954-372-1043

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Ramin DanialianMetropolitan Property Group Florida, LLCMore Info
954-372-1043

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