USD 4,900,000
335 SW 20th St
Fort Lauderdale, Florida 33315
For Sale
Property Description
New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $423k Gross on annual Leases, $289,617k NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers.
Listed by The Keyes Company
Virtual Tours
Property Details
- ID #
- A11380700
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33315
- Year Built
- 1975
- Parking Spaces
- 23
- Building Feature
- Air Conditioning
- Water Source
- City/mains water
- Construction
- Concrete Block Construction
- Floor
- Tile Floors, Vinyl Floors
- Green Energy
- Doors, HVAC, Windows
- Lease Term
- Annual Lease
- Occupancy
- Tenant Occupied
- Road Frontage
- City Road
- Type of Building
- Residential-Multi-Family
- Utilities
- Internet
- Zoning Information
- RM-15
