1150 NE 17TH Court
$13,249,000
1150 NE 17TH Court, Fort Lauderdale, FL 33305
9,770 sqft
Building Size
55
Units
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre
- Number Of Buildings: 1
- Bathrooms Total: 0
- Documents Available: Copies Of Lease(S), Owner Managed
- Cooling: Central Air
- Heating: Central
- Electric: 110 Volts Power, 220 Volts, 220 Volt
- Flooring: Tile, Wood
- Construction Materials: CBS Construction, Frame, Frame With Stucco
- Parking Features: Assigned, Common
- Security Features: No Fire Protection, Smoke Alarm, Smoke Detector(s), Smoke Detector, No Security
Description:
EXCEPTIONAL FORT LAUDERDALE MULTIFAMILY INVESTMENT OPPORTUNITY! Income-producing 55-unit portfolio consisting of three multifamily properties in desirable East Fort Lauderdale. ALL THREE PROPERTIES MUST BE PURCHASED TOGETHER. Offered at $13,249,000 ($240,891 per unit) with a stated 5.50% CAP RATE and average monthly rent of $1,871 per unit. Portfolio includes: 1150 NE 17th Ct (16 units, Folio #494235040010), 1151 NE 17th Ct (13 units, Folio #494235041760), and 1401 NE 17th Ct (26 units, Folio #494235420010), Fort Lauderdale, FL 33305. Conveniently located near Wilton Manors, Downtown Fort Lauderdale, shopping, dining, major roadways, and beaches. Excellent opportunity to acquire a substantial multifamily investment portfolio in a desirable rental market.
Location
Gallery
