626 S Federal Hwy - Apartments FOR SALE


Lake Worth, FL 33460- South Palm Park
$1,495,000 USD
561-815-1788
626 S Federal Hwy, Lake Worth, FL for Sale
$1,495,000 USD
Apartments - FOR SALE
1/26
null | 6.2% Cap Rate

626 S Federal Hwy
Lake Worth, FL 33460
South Palm Park


HIGHLIGHTS

  • Nice Location in Lake Worth Beach!
  • Courtyard Style Units
  • Rental Upside!
  • 6.2% Cap Rate on Existing

OVERVIEW

Cash flow 8 unit building in perfect pocket in Lake Worth Beach. Consists of two- 4plex buildings on attractively landscaped large lot. Includes off street parking for 8 cars and a laundry facility. Most units have been redone in the last few years. Nicely landscaped.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

9

PRICE/UNIT

$166,111

CAP RATE

6.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

POMF20

APN/PARCEL ID

38-43-44-27-01-008-0020

ASK ABOUT THIS PROPERTY

JD BolsJD Bols & AssociatesMore Info
561-815-1788

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

JD BolsJD Bols & AssociatesMore Info
561-815-1788

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