241 NW 11th St - Apartments FOR SALE
Belle Glade, FL 33430 |
$1,350,000 USD
407-362-1619
241 NW 11th St
Belle Glade, FL 33430
HIGHLIGHTS
- 16-Unit Multifamily Asset: Comprised of two contiguous 8-unit buildings situated on a single parcel, offering operational scale and management efficie
- Concrete Block Construction: Durable, low-maintenance construction typical of stable Class C workforce housing assets.
- Unit Mix: All two-bedroom, one-bathroom units, catering to a wide tenant base including families and working professionals.
- Ample On-Site Parking: Surface parking available for residents, enhancing tenant convenience and property appeal.
- Low-Density Layout: Garden-style configuration with walk-up access, appealing to tenants seeking privacy and outdoor space.
- Central Location within Belle Glade: Situated within walking distance of local schools, retail centers, and employment hubs.
FOR SALE DETAILS
PRICE
$1,350,000 USD
PRICE/SF
$109 USD /SF
# OF UNITS
16
PRICE/UNIT
$84,375
CAP RATE
8%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1979
PARKING SPACES
21
LAND DETAILS
LAND ACRES
0.47 AC
LAND SF
20,473 SF
ZONING
R2
APN/PARCEL ID
04-37-43-31-30-000-0110
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407-362-1619
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407-362-1619
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