1634 W 26th Ct - Apartments FOR SALE


Riviera Beach, FL 33404- Pleasant Heights
$900,000 USD
561-707-5120
1634 W 26th Ct, Riviera Beach, FL for Sale
$900,000 USD
Apartments - FOR SALE
1/21
null | 7.17% Cap Rate

1634 W 26th Ct
Riviera Beach, FL 33404
Pleasant Heights


HIGHLIGHTS

  • Steady Rental Income with room to increase rents
  • Well Maintained!
  • ?4 Units each with 3 Bedrooms and 1 Full Bath ?
  • ?Long Term Stable Tenants
  • ?Washer & Dryer Hook Ups
  • CBS Construction ?Asphalt Composition Roof

OVERVIEW

3664 Square Foot - Four-unit apartment building with an asking price of $900,000.00.? This property features 4 units each with 3 bedrooms and 1 full bath.? The property has long-term, stable tenants and is CBS-constructed, with an asphalt-composition roof and wood trusses.? Each unit has washer & dryer hookups provided and separate central AC/heating units.? Built in 1986, the property features ceramic/quarry tile and carpet floors with drywall interior walls.? The property is zoned RM-15 Riviera Beach and sits on a .19 acre lot.? Market rents are below market for this property.? Market research shows that Section 8/Affordable Housing routinely approves $2,100.00 for 3-br/1-ba units.? Market rate rents are commanding up to $2,550.00/Month.?

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

4

PRICE/UNIT

$225,000

CAP RATE

7.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1634 W 26th Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,233 SF

ZONING

RM15

APN/PARCEL ID

56-43-42-29-25-000-0080

ASK ABOUT THIS PROPERTY

Christopher FlemingStrategic Realty Services, LLCMore Info
561-707-5120

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Christopher FlemingStrategic Realty Services, LLCMore Info
561-707-5120

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