700 Harlem Tenants CIR Clewiston, FL 33440
231,332 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 231,332 sqft
Price per Sqft $43
MLS Listing ID R11127667
HOA Y/N Yes
Year Built 1978
Tax Year 2024
Lot Size 18.100 Acres
Acres 18.1
Property Sub-Type Multi Family
Property Description
2024 was distorted by one-time costs (insurance spike, HUD repayment, extraordinary repairs). When we normalize, NOI comes in around ~$525k. With the next HUD rent adjustment and expense optimizations, we project $650k NOI in 2026, which supports our $10MM asking price at a 6.5% cap.
Location
State FL
County Hendry
Area 5940 Florida Other
Direction Continue on US-441 N/US-98. Take US-27 N to W C Owen Ave in Clewiston. Continue on W C Owen Ave. Take Georgia Ave to Harlem Tenants Cir in Harlem.
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Exterior
Community Features Property Manager On-Site
Utilities Available Cable Available
Amenities Available Security
Roof Type Other
Private Pool Yes
Building
Story 1
Water Public
Level or Stories One
Structure Type Block
Others
HOA Fee Include Security
Senior Community No
Tax ID 1344321A0000020100
Security Features Closed Circuit Camera(s),Smoke Detector(s),Security Guard
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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