Listed by Fausto Commercial
$2,990,000
5807 SW 25th St # 18 #1-18
Details
APN 514124031940
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 5,718
Year Built 1955
Buildings 1
Lot Size (SqFt) 12,754
Zoning TOC
Multifamily
Marketing description
We are pleased to present 5807 SW 25th St, a prime 18-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 17 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $204,000 annually! Offering a 6.83% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.
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Listed by Fausto Commercial
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