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29784983
29784998

1500 NW 58th Terrace, Sunrise, FL 33313 For Sale

Sunbelt Investment Properties
Listed by Sunbelt Investment Properties
$684,000
166 days on market
Updated 26 days ago

Sunrise Golf Village Sec

Details
APN 494135120510
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,103
Units 3
Cap Rate 6.72%
NOI $45,943
Occupancy 100%
Pro-Forma Cap Rate 7.08%
Pro-Forma NOI $48,453
Price per SqFt $325
Broker Co-Op Yes
Class C
Year Built 1970
Buildings 1
Lot Size (SqFt) 7,878
Zoning RS-5
Parking Spaces 6 spaces
Parking per 1,000 SqFt 2.85
Investment Type Stabilized

The Sunrise Gem: Rare Pro-Forma 7.03% Cap Rate

Marketing description

Current 6.67% cap & pro-forma 7.04% cap! Discover "The Sunrise Gem", an upgraded one-story triplex designed for the savvy investor. This turnkey asset features three spacious 2BD/1BA units, each offering the rare privacy of its own individual backyard. Extensive recent capital improvements ensure low-maintenance ownership, including full hurricane impact windows/doors, updated electrical and plumbing, a roof less than 5 years old & a fresh exterior refresh. 2,236 total sq ft units averaging 750 sq ft Ideally situated in the heart of Sunrise near major highways, dining, and shopping, this property offers a seamless blend of stability and growth. Call or text listing agent today for more details.

Investment highlights

  • RARE Pro-forma 7.04% cap rate

  • Features three 2 bedroom - 1 bathroom units with private backyards

  • Large 750 square foot units

  • Impact windows and doors

  • Updated electrical and plumbing

  • New roof within last 5-years

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Listing Contacts

Sunbelt Investment Properties
Listed by Sunbelt Investment Properties

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$45,943.00
$3,828.58/mo

Valuation Metrics

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DSCR
6.72%
Cap Rate
6.72%
ROI

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