Lang Realty Boca Raton
Listed by Lang Realty Boca Raton
$1,269,500
4115 Riverside Dr
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,852
Net Rentable (SqFt) 3,852
Units 5
Cap Rate 5.82%
NOI $73,900
Price per SqFt $330
Broker Co-Op Yes
Year Built 1974
Year Renovated Since the past 5 years
Buildings 1
Stories 1
Lot Size (SqFt) 10,752
Zoning Res
Parking Spaces 8 spaces
Parking Per SqFt 2.08
Investment Type Stabilized
Ground Lease No
Multifamily | 5 Units | $253,900/unit
Marketing description
A 5 UNIT APT BUILDING. The information listed, including, sq/fr, taxes, income, insurance, expenses and others, are estimated, and thefore not guaranteed. A one of a kind 5 PLEX, consisting of 2 units of 2/1's and 3 untis of 1/1's. All units have been renovated. The building is 100% leased with a mix of month to month and annual leases. The building is zoned for AirBnB per the city of Coral Springs. Gross income: $100,200 (including community laundry) Expenses: $28,000 aprox. WIth a NOI over $73,900k. Producing a CAP of over 5.8%. NOT CONTIGENT TO APPRAISAL.
Listing Contacts
Lang Realty Boca Raton
Listed by Lang Realty Boca Raton
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,900.00
$6,158.33/mo
Valuation Metrics
0
DSCR
5.82%
Cap Rate
5.82%
ROI
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