750 NW 9th Ave - Apartments FOR SALE


Hallandale Beach, FL 33009
$2,170,000 USD
954-245-3492
750 NW 9th Ave, Hallandale Beach, FL for Sale
$2,170,000 USD
Apartments - FOR SALE
1/6
null | 5.42% Cap Rate

750 NW 9th Ave
Hallandale Beach, FL 33009


OVERVIEW

750 Northwest 9th Avenue is a 14-unit apartment complex, consisting of three single-story buildings constructed in 1956 of concrete block and stucco with shingle and flat roofs. The unit mix consists of (14) one-bedroom/one-bathroom units. The building contains approximately 5,875 square feet and sits on a 0.33-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

$2,170,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

14

PRICE/UNIT

$155,000

CAP RATE

5.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orchid Grove

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,532 SF

ZONING

RD-12

APN/PARCEL ID

51-42-21-02-0120

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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