3870 N Andrews Ave - Apartments FOR SALE
Oakland Park, FL 33309 |
$22,000,000 USD
786-443-3105
3870 N Andrews Ave
Oakland Park, FL 33309
OVERVIEW
- STRONG RENTAL UPSIDE THROUGH LOSS-TO-LEASE. IN-PLACE RENTS AT $1,440 & MARKET RENTS AT $1,600. POST CAPEX RENTS AT JUST BELOW $1,700
- ONSITE AMENITIES INCLUDE: TWO SWIMMING POOLS, COMMUNITY LAUNDRY, AMPLE PARKING AREA
- CENTRALLY LOCATED ON N ANDREWS AVE ONLY A SHORT DRIVE FROM I-95 AND JUST 3.5 MILES NORTH OF DOWNTOWN FORT LAUDERDALE
- SIGNIFICANTLY BELOW REPLACEMENT COST
- LARGE 3.69 ACRE SITE
FOR SALE DETAILS
PRICE
$22,000,000 USD
PRICE/SF
$287 USD /SF
# OF UNITS
140
PRICE/UNIT
$157,143
CAP RATE
Request Cap Rate
% LEASED
86%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Oasis Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1970
PARKING SPACES
151
LAND DETAILS
LAND ACRES
3.69 AC
LAND SF
160,736 SF
ZONING
B-1
APN/PARCEL ID
49-42-22-00-0100,49-42-22-00-0111,49-42-22-00-0112,49-42-22-00-0113,49-42-22-00-0114
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786-443-3105
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786-443-3105
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