Wellington Multifamily Portfolio Multi-Family FOR SALE


$9,900,000 USD
240-361-8182
, Wellington, FL for Sale
$9,900,000 USD
Multi-Family - FOR SALE
1/35
null | 6.99% Cap Rate

Wellington Multifamily Portfolio
Wellington, FL
Greenview Shores of Wellington


HIGHLIGHTS

  • Fully Occupied & Stabilized Asset
  • Significant Recent Renovations: $60,000+ per unit in upgrades
  • Large, Highly Desirable Unit Mix: All Units are 4 bed 2 bath
  • No HOA restrictions
  • Turn-Key, Low-Maintenance Portfolio
  • Located in Top-Tier Wellington Community

OVERVIEW

Introducing a rare opportunity to acquire a six-building multifamily portfolio totaling 24 units in the highly sought-after community of Wellington, Florida. This collection of fully occupied fourplex buildings offers an exceptional blend of stability, scale, and long-term value in one of Palm Beach County’s most desirable rental markets. Each property features a spacious 4-bedroom, 2-bathroom floor plan, with over $60,000 per unit in recent renovations, including updated interiors, modern finishes, and improved building systems—significantly reducing near-term capital expenditure for new ownership. The portfolio is spread across six well-maintained parcels within established residential neighborhoods, offering strong curb appeal and consistent tenant demand. With no HOA restrictions, owners benefit from full operational control, flexible management strategies, and the ability to implement future value-add initiatives without external limitations. The combined 38,440 SF across the six buildings is zoned PUD (Planned Unit Development), providing an additional layer of long-term optionality. Wellington remains one of South Florida’s most supply-constrained and high-performing rental submarkets, fueled by top-rated schools, strong demographics, and steady population growth. The area’s limited multifamily inventory makes portfolios of this size particularly scarce and highly competitive. This offering presents a turn-key, income-producing portfolio with strong in-place performance and significant long-term appreciation potential—ideal for private investors, family offices, and operators seeking a durable asset in a premier Palm Beach County location.

ASK ABOUT THIS PROPERTY

Noah JensenKD Commercial Real EstateMore Info
240-361-8182

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Noah JensenKD Commercial Real EstateMore Info
240-361-8182

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