725-809 NW 7th Ave - Apartments FOR SALE


Hallandale Beach, FL 33009
$3,040,000 USD
954-245-3492
725-809 NW 7th Ave, Hallandale Beach, FL for Sale
$3,040,000 USD
Apartments - FOR SALE
1/6
null | 6.22% Cap Rate

725-809 NW 7th Ave
Hallandale Beach, FL 33009


OVERVIEW

725–809 Northwest 7th Avenue is a 16-unit apartment complex, consisting of four single-story buildings constructed between 1960 and 1961 of concrete block and stucco with shingle roofs. The unit mix consists of (16) two-bedroom/one-bathroom units. The buildings total 9,256 square feet and are situated on a 0.66-acre lot. All units have been renovated by current ownership and feature either vinyl wood-plank or ceramic tile flooring, with new kitchens and bathrooms, stainless steel appliances, and window/wall air conditioning units.

FOR SALE DETAILS

PRICE

$3,040,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

16

PRICE/UNIT

$190,000

CAP RATE

6.22%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,148 SF

ZONING

WEST-RAC

APN/PARCEL ID

51-42-21-27-0070,51-42-21-27-0080,51-42-21-27-0090,51-42-21-27-0100

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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