Listed by Gentile Property Group, LLC
$4,650,000
31 Door Portfolio
Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Square Footage 22,911
Net Rentable (SqFt) 22,911
Units 31
Cap Rate 7.04%
NOI $327,475
Occupancy 100%
Price per SqFt $203
Broker Co-Op Yes
Class C
Buildings 12
Stories 1
Lot Size (SqFt) 84,224
Zoning Res/Multi
Investment Type Stabilized
Ground Lease No
Multifamily | 31 Units | $150,000/unit
Marketing description
Rare investment opportunity! Portfolio sale of 12 income-producing properties totaling 31 doors across Okeechobee and Fort Pierce. Addresses include: 810 NW 12 St; 604 N 14th St; 3108 Ave S; 3112 Ave S; 3412 Sloan Rd; 311 Decordre Ct; 516 Means Ct; 518 Means Ct; 1411 Havana Ave; 900 S 15 St; 902 S 15 St; and 1536 Lawnwood. Strong unit mix: 17 two-bedroom units, 11 three-bedroom units, plus one 1BR, one 4BR, and one 6BR. Diversified, cash-flowing portfolio with scale and upside potential.
Listing Contacts
Listed by Gentile Property Group, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$327,475.00
$27,289.58/mo
Valuation Metrics
0
DSCR
7.04%
Cap Rate
7.04%
ROI
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