Active
multifamily
SALE
5807 Sw 25th Street 118, West Park, Florida 33023
West Park, FL 33023
$2,990,000
Property Details
MLS#
A11977304
Type
Multifamily
Year Built
1955
Tax Amount
$39,452
Property Description
We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $204,000 annually! Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
Amenities
1 Stories
Built 1955
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace
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30 Year Fixed, 6.59% Interest
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Property Location
Listing Office:
Fausto Commercial Realty Consultants Inc
Listing Agent:
Elior Levi
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