8061 Southgate Boulevard, North Lauderdale, 33068

  • $999,995

Buy

North Lauderdale

8061 Southgate Boulevard, North Lauderdale, 33068

North Lauderdale

  • $999,995

Quick Details

MLS #: A11590774
  • Property Type
  • Quadruplex
  • 1010
  • sqft
  • 1988
  • Year Built

Description

**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 4 UNITS TO ACCOMODATE BUYERS BUDGET… ALSO HAVE A 5TH UNIT AVAILABLE AND LISTED- INQUIRE TODAY!

  • Address 8061 Southgate Boulevard
  • City North Lauderdale
  • State/county Florida
  • Zip/Postal Code 33068
  • Area Broward County

Details

  • MLS #: A11590774
  • Price: $999,995
  • Property Size: 1010 sqft
  • Year Built: 1988
  • Property Type: Quadruplex
  • Property Status: Buy
Listed by Mitchell Lvovsky · Cutting Edge Investments & Realty Inc - Updated on September 13, 2024 at 8:06 am

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For more information about this Quadruplex for Buy currently listed for $999995 located in 8061 Southgate Boulevard North Lauderdale, Florida 33068 please call our real estate office at 1-(305) 728-0840

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