PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income generating assets in a highly desirable area.
PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property features unique architectural styles and modern amenities, ensuring a diverse and appealing selection for tenants. The portfolio includes a mix of unit sizes and configurations, catering to various tenant needs and maximizing rental potential. With a solid average cap rate of 8.26%, these properties promise a robust return on investment. Situated in a vibrant and growing community, this portfolio presents a rare opportunity to acquire income generating assets in a highly desirable area.
Features
Building and Construction
Absolute Longitude: 80.053327
Construction: Concrete, Other
Exterior Features: Open Patio
Flooring: Other
Roof: Other
Sqft Source: Tax Rolls
Sqft Total: 1980.00
Total Building Sqft: 1728.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212116581394000000
Land Information
Lot Description: < 1/4 Acre
Subdivision Information: None
Eco-Communities
Private Pool: No
Storm Protection Other Protection: Complete
Waterfront Details: None
Utilities
Carport Spaces: 0.00
Cooling: Electric
Heating: Electric
Number Of Stories: 2.0
Separate Elec Meters: Yes
Separate Wtr Meters: No
Utilities: Cable, Public Sewer, Public Water
Finance and Tax Information
Homeowners Assoc: None
Income Expenses Annual Net Oper Inc: 120789.00
Income Expenses Annual Total Expense: 34554.00
Income Expenses Gross Operating Inc: 155343.00
Source Of Expenses: Owner
Tax Year: 2023
Rental Information
Tenant Pays: None
Other Features
Avail Info: Accounting
Country: United States
Housing For Older Persons Act: No Hopa
Legal Desc: ADD 1 TO TOWN OF LAKE WORTH LT 8 BLK 1
PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property featu
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PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property featu
PROPERTY HIGHLIGHTSThis exceptional multi family portfolio in Lake Worth, Florida, comprises eight (8) strategically located buildings, offering a total of twenty eight (28) units. Each property featu
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