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34249551
34249550

2221 Northwest 64th Avenue, Sunrise, FL 33313 For Sale

$1,139,000
0 days on market
Updated 0 days ago

2221-2225 Northwest 64th Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,300
Units 3
Cap Rate 7.62%
NOI $86,780
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 6.95%
Pro-Forma NOI $79,109
Year Built 2020
Year Renovated 2020
Buildings 1
Parking Spaces 2 per unit
Ground Lease No
Sale Condition N/A

Sunrise on 64th | $110,000+ Gross Revenue

Marketing description

Pro-forma 6.95% cap rate, this high-income producing, fully upgraded, new construction triplex is very well managed and maintained, boasts tons of recent improvements including a new roof featuring three 3-bedroom, 2-bathroom with 10 foot ceilings and private backyards. Located in Sunrise, Florida, it offers a compelling investment opportunity and generates over $110,000 in annual gross rental revenue. The property consistently generates strong rental income, and its excellent management and maintenance ensure stable cash flow and significant upside potential in Sunrise's dynamic rental market. Pro-forma 6.95% cap rate, this high-income producing, fully upgraded, new construction triplex is very well managed and maintained, boasts tons of recent improvements including a new roof featuring three 3-bedroom, 2-bathroom with 10 foot ceilings and private backyards.

Investment highlights

Pro-forma 6.95% cap rate, this high-income producing, fully upgraded, new construction triplex is very well managed and maintained, boasts tons of recent improvements including a new roof featuring three 3-bedroom, 2-bathroom with 10 foot ceilings and private backyards. Located in Sunrise, Florida, it offers a compelling investment opportunity and generates over $110,000 in annual gross rental revenue. The property consistently generates strong rental income, and its excellent management and maintenance ensure stable cash flow and significant upside potential in Sunrise's dynamic rental market. Pro-forma 6.95% cap rate, this high-income producing, fully upgraded, new construction triplex is very well managed and maintained, boasts tons of recent improvements including a new roof featuring three 3-bedroom, 2-bathroom with 10 foot ceilings and private backyards

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$86,780.00
$7,231.67/mo

Valuation Metrics

0
DSCR
7.62%
Cap Rate
7.62%
ROI

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