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16 APARTMENTS-21934 > Multifamily / Mid-rise
6/27/2014

  • Preferred Listing
  • Address: 808 HAWTHORNE DRIVE , West Palm Beach Florida 33403
    • Listing ID: CL-Florida-30915
      Listing Status: Accepting Offers
      Auction: No
    • Net Lease Investment: No
      Financing: No Financing Available
      Buisness Available for Sale? No
      Property On Ground Leased: No
      Property Status: Normal Sale
    • Bldg Status: Existing
      Year: 1974 Bldg: 13422 sqft.
      Stories: 2 Lot: 0 sqft.
      Units: 16 Furnished: No
      Occupied: No Occupancy: 0%
    Description: Capital Commercial Real Estate Group, Inc is proud to market this 16 unit Class C property for $105,000 per unit. These two story buildings were built in 1974 and have undergone numerous upgrades including new concrete roofs in 1998. The asset consists of two separate buildings, totaling 13,422 square feet and are situated on two parcels of land which come to a total of 31,364 square feet. All units have two bedrooms and one and a half baths. This is a turnkey opportunity, boasting historically low vacancy rates. This asset is also a wealth sheltering investment, providing a stable cash flow and favorable returns. The properties are centrally located within a mile of Parks, Shopping, Restaurants, Highway 1 and I-95.
Tradidional Purchase -
Asking Price:
$1,680,000.00
Detail
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