Prime Multifamily Investment Opportunity in the Heart of Lauderhill
Presenting 2221 NW 58th Ave, a fully leased, value-add multifamily asset located in one of Broward County’s strongest rental submarkets. This well-maintained 1974-built property features multiple 2-bedroom, 1-bathroom units, each offering approximately 950 square feet of living space. With central air conditioning, modern appliances, and shared laundry facilities, the units appeal to long-term tenants seeking comfort and convenience.
Positioned just off W Oakland Park Blvd and minutes from the Florida Turnpike, the property provides excellent accessibility to employment centers, retail, and public transportation. Tenants enjoy proximity to major national retailers such as CVS, 7-Eleven, and Dollar Tree, as well as local dining and service providers. The neighborhood boasts strong rental demand with limited supply, offering investors a stable income stream with potential for rental upside.
Highlights:
Solid concrete block construction
100% occupancy with below-market rents
Pet-friendly community with ample parking
Individually metered electric; shared utility billing for water/sewer/trash
Potential for rental increase through minor cosmetic upgrades
Zoned RM-20 with possible redevelopment or density increase opportunity
Whether you're expanding your multifamily portfolio or entering a high-growth market, 2221 NW 58th Ave is a compelling opportunity to acquire a well-located asset with immediate income and future value-add potential.
Contact us today to receive the full offering memorandum and financials.