Beachfront Realty Inc
Listed by Beachfront Realty Inc
$1,825,000
IVANHOE EAST AT CENTURY V
Details
APN 514014CH0070
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 940
NOI $125,000
Year Built 1994
Stories 4
Zoning (R-MF)
Parking Spaces 1 spaces
Parking Per SqFt 1.06
Multifamily
Marketing description
15 UNITS WITH TENANTS IN SOUTH FLORIDAS PREMIER ADULT COMMUNITY-CENTURY VILLAGE!!
RARE OPPORTUNITY TO PURCHASE A TURN KEY group of ALL or a SELECT GROUP OF condos. I have curated these condos with the owner to include some of the very best GOLF & WATER views. All have been lovingly renovated with gourmet kitchen cabinetry, granite counters, top appliances, LED lighting, laminate or tiled flooring, tiled patios & new baths & vanities.
All units are owned free and clear with all TITLES HELD BY ONE ENTITY. This should expedite an efficient closing. That same title company has closed all of these units. That same attorney has closed HUNDREDS of CENTURY VILLAGE condos for more than 30 years.
The owner is projecting Annual Gross rental income of approximately $300,000. With a net income of approximately $125,000. I can send you a financial overview, when you are interested.
THE PRICE IS $121,600 er unit.
Listing Contacts
Beachfront Realty Inc
Listed by Beachfront Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,000.00
$10,416.67/mo
Valuation Metrics
0
DSCR
6.85%
Cap Rate
6.85%
ROI
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