Apartment Buildings /FL /Broward County /Hallandale Beach /823-825 NW 9th St
Apartment Buildings /FL /Broward County /Hallandale Beach /823-825 NW 9th St

823-825 NW 9th St - Apartments FOR SALE


Hallandale Beach, FL 33009 | 
$435,000 USD
305-968-6238
823-825 NW 9th St, Hallandale Beach, FL for Sale
$435,000 USD
Apartments - FOR SALE
1/13
null | 7.13% Cap Rate
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823-825 NW 9th St
Hallandale Beach, FL 33009

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HIGHLIGHTS

  • Strong Yield Profile: 9%+ cap rate with upside as rents trend toward $3,600+/month
  • Recent Capital Improvements: New roof, updated electrical, tankless water heater, A/C (2021), paver driveway
  • Value-Add Potential: Ability to increase rents to market and further enhance returns**

FOR SALE DETAILS

PRICE

$435,000 USD

PRICE/SF

$423 USD /SF

# OF UNITS

1648

PRICE/UNIT

$264

CAP RATE

7.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,833 SF

ZONING

WEST RAC

APN/PARCEL ID

51-42-21-02-0181

ASK ABOUT THIS PROPERTY

Randall SanzRE/MAX 5 Star RealtyMore Info
305-968-6238

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Randall SanzRE/MAX 5 Star RealtyMore Info
305-968-6238

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

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