Property Description

Great multiplex investment opportunity! 16 units. Minutes from downtown Fort Lauderdale. Potential for 8% cap! 16 units. 14 Studios. 2 1BRs. 8 Occupied – 4/$250/week, 2/$300/week, 2/$350/week. 8 Vacant. Total Gross Income $111,700/year. Operating Expenses $35K/year. NOI = $82600/year. Cap rate is 4% due to vacancies. Potential for 8% with full occupancy. Rent includes water and FPL. Roof 1 year old. 14 Parking spots. 14 units with central air. Access will be provided upon a fully executed contract with inspection period.

MLS Info
Keller Williams Realty Services
Active
No
Cash
7,258 Sqft
16
Dillard High School
multifamily 10+
No
$11,154
2020
From I-95 continue on FL-838 W/W Sunrise Blvd. Turn right onto NW 31st Ave. The property will be on the east side of NW 31st ave between NW 12th St and NW 11th St.
Dillard Elementary School
Tax Rolls
No
No
No
$0
$0
$274
Video
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Quadplex For Sale

Fort Lauderdale, Florida 33311

0 Bedrooms
0 Bathrooms
16,636 Sqft
$1,990,000
Listing ID #RX-10727425
Basic Details
Property Type : Quadplex
Listing Type : For Sale
Listing ID : RX-10727425
Price : $1,990,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 16,636 Sqft
Year Built : 1956
Lot Area : 0 Sqft
Country : US
State : FL
City : Fort Lauderdale
Subdivision : -
Zipcode : 33311
Contact Agent
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