7941 Southgate Boulevard North Lauderdale, FL 33068
**6.5% CAP RATE** Introducing a 9 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. 8 OF THE 9 UNITS HAVE AN EXTRA 3RD ROOM AND ARE RENTED AS 3/2's. ALL 9 CONDOS ARE IN THE SAME COMMUNITY- ROYALE GARDENS! One of them (vacant for showings) is 2/2. NOI- $155, 376 per year, Gross Rent Roll- $247, 560/Y, ROI- 6.5% 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. One Unit is vacant and available for showings. The other 8 are all rented. SELLER CAN SPLIT UP THE 9 UNITS & SELL LESS UNITS TO ACCOM BUYERS BUDGET
- Property TypeMulti-Family
- NeighborhoodRoyale Gardens Condo
- CountyBroward
- Taxes$3,473
- HOA/Condo/Coop Fees$355
- Days on Site13 Days
- MLS StatusActive
- MLS ID NumberA11590774
- Home Size Source N/A
- Year Built1984
- Lot Size0 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 7941 Southgate Boulevard North Lauderdale, FL 33068
| 2 weeks ago | |
| 2 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Style Other
- Parking Spaces 9
- Sewer Public Sewer
- Number of Stories 22
- Property Sub Type Quadruplex
- Zoning RM-10
Interior Features
- Cooling Central Air
- Heating Central
- Flooring Tile
Exterior Features
- Roof Shingle
- Waterfront Property No
- Lot 1/4 To Less Than 1/2 Acre Lot
Community Features
- Association Dues 355
- MLS Area Royale Gardens Condo