6 Unit Apartment Building Offered at $795,000 at a 6.4% Cap Rate in Fort Lauderdale, FL
Steady, stable financial history. Excellent cape rate of 6.4 %.…
$795,000
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$990,000
Property ID :
RH-4936-property
2/2 on each side with 1 car garage for each unit used as storage. Screened porches, newer bathrooms & kitchens. Dania Beach has a beautiful beach & fishing pier. Rents should be $2,200 each, tenants have been there month to month. Dockage is rentable 90+- waterfront feet.
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SQ. FT. |
---|---|---|---|
2+2 | 2 | $1,650 | 1,064 |
FINANCIAL SUMMARY (ACTUAL – 2020) | ANNUAL | ANNUAL PER SF |
---|---|---|
Taxes | $7,261 | $2.39 |
Operating Expenses | – | – |
Total Expenses | $7,261 | $2.39 |
Steady, stable financial history. Excellent cape rate of 6.4 %.…
$795,000
Duplexes sitting side by side with a court yard area…
$738,000
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman