The Brookfield Portfolio provides investors with a rare opportunity to acquire 23 residential units in the 200-unit Brookfield Condo in Lauderhill.
The Brookfield Condominium is a 6 building, 4 stories, and 200-unit residential complex originally constructed in 1980. The well maintained common areas offer ample parking, a community pool, and a gym.
The fully rented Portfolio consists of 13 (1-1), 1 (2-1), 7 (2-2), and 2 (3-2) units that feature central A/C units, electric appliances, tile flooring, and renovated bathrooms. The portfolio is located in a historically high demand area and benefits from an active HOA. This provides for a low-maintenance opportunity with the ability to generate a constant and growing cash flow with minimal involvement. Cap. Rate 6%