23 APARTMENT UNITS-21912

Multifamily / Garden Apartments / 623 PARK PLACE , West Palm Beach Florida 33401

 
User Profile Image

Gulya Zhakupova

Capital Commercial Real Estate Group

Office Phone: 305-318-8250

Cell Phone: 305-318-8250

Like us on Facebook

Share with Google Plus

Published on: Monday, June 16, 2014 1:50:37 PM
Updated on: Monday, June 16, 2014 1:50:37 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-30817

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 0%

Year Build: 0

 

Building Size: 0 SqFt

Lot Size: 0 Not Specified

No of Stories: 0

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Capital Commercial Real Estate Group, Inc. is proud to exclusively present 23 apartments which is two story building located at West Palm Beach, Florida. Boasting 100% occupancy property is comprised of 23 units: six one-bedroom /one bath and seventeen studios with approximately 10,780 Sq. Ft. of rentable space. All the units have tile floors, renovated bathrooms, fully equipped kitchen. Property was renovated in the last couple of years. PROPERTY LOCATED ON HIGH DEMAND RENTAL AREA.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 7.11

Commission Split (%): 2

Complete Details


Year Build: 0

Building Size: 0 SqFt.

No of Stories: 0

Total Lot Area: 0.00 Not Specified

No of Parking: 0

No of Total Units: 0

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description


Capital Commercial Real Estate Group, Inc. is proud to exclusively present 23 apartments which is two story building located at West Palm Beach, Florida. Boasting 100% occupancy property is comprised of 23 units: six one-bedroom /one bath and seventeen studios with approximately 10,780 Sq. Ft. of rentable space. All the units have tile floors, renovated bathrooms, fully equipped kitchen. Property was renovated in the last couple of years. PROPERTY LOCATED ON HIGH DEMAND RENTAL AREA.

Additional Properties


Property Tenants
  • 100% OCCUPANCY
Property Highlights
  • MARKET VACANCY RATE 2%
Features
  • FULLY STABILIZED PROPERTY
  • CLOSE TO DOWNTOWN WEST PALM BEACH, US-1, I-95, BEACHES, AND MORE.

Actual - Cash Flow


Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2013
$193,384.00
$0.00
$77,785.00
$115,599.00
$0.00
0%
Cash Flow for Current Listings
Error: Address could not be found.
 LoudLister :: a Social Real Estate resource and offer engine