Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Multi Family
- Built: 1946
- HOA: No info
- MLS Number: A11344372
- View No info
- On Site: 644 days
- Updated: 62 Days Ago
- Page Views: 6
The physical property consists of two buildings total of 5,507 SF, well situated on a large 15,565 SF lot. The property has 16 rooms with a total of 35 beds. The facility is fully licensed and operating and is currently 100% occupied with 35 residents with a waiting list. Experienced staff will remain after closing. The facility generated $781,630 in gross revenue in 2022, and net $350,461 a year. Projected gross revenue for 2023 is expected to go up to $940,830 with net income raising to $513,505. This income provides a strong 12.8% capitalization rate at a full asking price. This is an excellent investment opportunity in a market with very limited inventory.
Contact AdvisorPrice History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
02/16/2023 | Listed | $3,999,000.00 | $726.17 ft2/$7,816.40 m2 |
Features
Property Details for 1320 SW 26th St, Fort Lauderdale, FL 33315
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Cooling Description: No info
- Building and Construction
- Floor Description: No info
- Windows/Treatment: No info
- Construction Type: Apartment
- Year Built: 1946
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: No info
- Subdivision Name: No info
- Property Type: Multi Family
- Property Subtype: Commercial Sale
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 02/16/2023
- Area: 3490
- Brokered By: RE/MAX 5 Star Realty
- Legal Description: DEVONSHIRE 22-29 B LOT 20 BLK 1
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $6,586.00
- Type of building: No info
- Occupancy Information: Tenant
- Occupancy Percentage: No info
- Property Type Description: No info
- Parking Description: No info
- Parking Spaces: No info
- Number of Units: No info
- Number of Floors: No info
- Number of Stories: No info
- Zoning Information: B-2
- Total Acreage: No info
- Acreage Description: No info