1-212-671-2347
nyfloridarealty@gmail.com
1-212-671-2347
1-212-671-2347

4 Unit Apartment Building Offered at $738,000 at a 7.56% Cap Rate in Dania Beach, FL

4 Unit Apartment Building Offered at $738,000 at a 7.56% Cap Rate in Dania Beach, FL

4 Unit Apartment Building Offered at $738,000 at a 7.56% Cap Rate in Dania Beach, FL

For Sale

$738,000

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Property ID :

 RH-5070-property

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Bedrooms
8
Bathrooms
4
Area
4200 SF
Year Built
1977
Lot Size
0.19 AC

Description

Duplexes sitting side by side with a court yard area between buildings each building has two 2-bedroom 1 bath apts each with their own laundry room very large apts 1050 sq ft x 4 apts

Additional Details

  • Building Class: C
  • Price Per Unit: $184,500
  • Cap Rate: 7.56%
  • No. Units: 4
  • Property Type: Multifamily
  • Property Subtype: Apartment
  • Apartment Style: Low Rise
  • Average Occupancy: 100%
  • Average Rent / Month: $1,500
  • No. Stories: 1
  • Gross Rental Income: $69,600
  • Effective Gross Income: $69,600
  • Total Expenses: $13,840
  • Net Operating Income: $55,760

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