COMPASS
Listed by COMPASS
$718,000
4600 Kelmar Dr
Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 8.60%
NOI $62,000
Occupancy 100%
Buildings 1
Stories 1
Multifamily | 3 Units | $239,333/unit
Marketing description
4600 Kelmar Dr is ideally positioned in the heart of West Palm Beach, offering investors strong rental demand driven by proximity to major highways, Palm Beach international Airport, employment hubs, and everyday retail. Just minutes from downtown West Palm Beach and the area’s growing development corridor, this location supports long-term appreciation potential and consistent occupancy in a high growth South Florida market.
Listing Contacts
COMPASS
Listed by COMPASS
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,000.00
$5,166.67/mo
Valuation Metrics
0
DSCR
8.64%
Cap Rate
8.64%
ROI
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