912-918 NE 15th Ave - Apartments FOR SALE


Fort Lauderdale, FL 33304- Victoria Park
$4,480,000 USD
954-245-3492
912-918 NE 15th Ave, Fort Lauderdale, FL for Sale
$4,480,000 USD
Apartments - FOR SALE
1/20
null | 5.34% Cap Rate

912-918 NE 15th Ave
Fort Lauderdale, FL 33304
Victoria Park


HIGHLIGHTS

  • 16-Unit Apartment Complex with All Two-Bedroom Apartments and Beautiful Courtyard
  • Fully Renovated between 2016-2018 with Impact Windows, Custom Cabinets, Quartz Counter Tops,
  • All Units include Stackable Washers/Dryers, Stainless Steel Refrigerators, Dishwashers, Low-Flow Toilets
  • Walking Distance to Publix Supermarket, Holiday Park, Restaurants and short drive to Downtown Fort Lauderdale and Beach
  • Situated in Affluent Victoria Park Neighborhood with Multi-Million Dollar Homes and Avg Household Income of $121,510 in 1-Mile

OVERVIEW

Victoria Park Village consists of three, two-story apartment buildings totaling 16 units, which were completely renovated from 2016 – 2018. The property is comprised of all two-bedroom | two-bathroom units measuring approximately 745 square feet. Units have a contemporary Italian design featuring custom cabinets, quartz counter tops, stackable washer/dryers, stainless-steel refrigerators, microwave ovens and dishwashers. Bathrooms feature low-flow toilets, custom vanities, and frameless glass showers with oversized shower heads. Additionally, the buildings are fitted with Eco impact windows and Eco-Smart tankless water heaters, as well as a mix of central and mini-split air conditioning units. The common area features electronic gated-access and open courtyard.

FOR SALE DETAILS

PRICE

$4,480,000 USD

PRICE/SF

$376 USD /SF

# OF UNITS

16

PRICE/UNIT

$280,000

CAP RATE

5.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Victoria Park Village Garden Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

RMM-25,Ft Lauderdale

APN/PARCEL ID

49-42-34-05-8040

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.