Year Build: 0
Building Size: 0 SqFt.
No of Stories: 0
Total Lot Area: 0.00 Acre
No of Parking: 0
No of Total Units: 34
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
Unique investment opportunity to acquire 52 rental streams of income from 27 single family homes, 3 duplexes, 2 triplexes, 2 fourplexes and one five unit building located in bustling Broward County in the famous City of Fort Lauderdale. This portfolio offering provides an opportunity to allow an investor to diversify, while gaining economy of scale in a product starved market. The portfolio is usually 100% leased. The entire portfolio generates a net operating income of $473,179. With some minor sprucing up, it is our opinion that rents could be increased by at least 9.5% which equals upside in the amount of $668,838. In view of the fact that 32 of the 52 tenant's rent is guaranteed by Section 8, collections are a breeze. (BR # 22028)
Broker Message
FOR MORE INFORMATION PLEASE CONTACT RANDY NORTH @ 954-483-0909