PRICE REDUCED-5 APARTMENTS IN GREAT LOCATION-21910

 
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Polina Chtareva

Capital Commercial Real Estate Group

Office Phone: 954-455-3366117

Cell Phone: 914-774-0474

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Published on: Monday, June 16, 2014 2:23:03 PM
Updated on: Tuesday, June 17, 2014 6:44:49 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-30819

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 2,949 SqFt

Lot Size: 0 Acre

No of Stories: 1

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 this beautiful building located in the heart of Lauderdale by the Sea, Florida has a total of 4-one bedroom and 1-two bedrooms apartments Property is 2,949 square foot on 6,250 square foot lot. All units are tiled. Kitchens are upgraded, and bathrooms are remodeled. The property amenities include patio area, laundry room and lush landscaping throughout. Electricity is directly metered. The owner pays for common area electricity, water, sewer, landscaping and trash. The town of Lauderdale-By-The-Sea is approximately 1.5 square miles in area located along Florida' s Gold Coast in Broward County, Fla. The entire town is situated between the Atlantic Ocean on the east and Intracoastal Waterway on the west. It is bordered on the south by the City of Fort Lauderdale and on the north by the City of Pompano Beach. The town is located on a barrier island that is 7 feet above sea level. Lauderdale-By-The-Sea is 30 miles

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 6

Commission Split (%): 3

Complete Details


Year Build: 0

Building Size: 2,949 SqFt.

No of Stories: 1

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 5

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: 100%

Full Description


Capital Commercial Real Estate Group, Inc. is proud to exclusively present this beautiful building located in the heart of Lauderdale by the Sea, Florida has a total of 4-one bedroom and 1-two bedrooms apartments Property is 2,949 square foot on 6,250 square foot lot. All units are tiled. Kitchens are upgraded, and bathrooms are remodeled. The property amenities include patio area, laundry room and lush landscaping throughout. Electricity is directly metered. The owner pays for common area electricity, water, sewer, landscaping and trash. The town of Lauderdale-By-The-Sea is approximately 1.5 square miles in area located along Florida' s Gold Coast in Broward County, Fla. The entire town is situated between the Atlantic Ocean on the east and Intracoastal Waterway on the west. It is bordered on the south by the City of Fort Lauderdale and on the north by the City of Pompano Beach. The town is located on a barrier island that is 7 feet above sea level. Lauderdale-By-The-Sea is 30 miles north and 33 miles south of Palm Beach.

Additional Properties


Property Highlights
  • RENTS UNDER MARKET
Property Utilities
  • Electricity is directly metered
Features
  • GREAT LOCATION
  • KITCHENS AND BATHROOMS RECENTLY REMODELED
  • ONE BLOCK FROM THE BEACH AND PUBLIX

Actual - Cash Flow


Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2013
$66,000.00
$0.00
$4,555.00
$61,445.00
$0.00
0%
Cash Flow for Current Listings
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