8061 Southgate Boulevard North Lauderdale, FL 33068
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 1,010 ft2/93.83 m2
- Price Per: $985.14 ft2/$10,603.95 m2
- Type: Multifamily
- Built: 1988
- HOA: $355.00/MO
- MLS Number: A11664393
- View No info
- On Site: 79 days
- Updated: Listing Refreshed: 20 Days Ago
**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 room (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA (community has total of 144 units). 4 units from the SAME seller have a 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! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS. ROOFS REPLACED IN 2022! Association allow immed renting & is investor-friendly. SELLERS CAN SPLIT UP THE 4 UNITS TO ACCOM BUYERS BUDGET One Unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 11/21/2024 | Price Reduced | $994,990.00 | 0.5% | $985.14 ft2/$10,603.95 m2 |
| 11/06/2024 | Price Reduced | $999,990.00 | 20.0% | $990.09 ft2/$10,657.24 m2 |
| 09/23/2024 | Listed | $1,250,000.00 | $1,237.62 ft2/$13,321.68 m2 |
Contact Information
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