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306 NE 6TH ST Hallandale Beach FL 33009

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 2,325
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Sale NOI ******
Sale Cap Rate ******
Days on Market ******
Latitude 25.9920
Longitude -80.1451

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Asking Details
Asking Cap Rate
******
Marketing Description
The property is located just west of US1 between Hallandale Beach Blvd. and Pembroke Park Rd. The subject property consists of 4 rental apartments, one Studio, two 1Br/1Ba, and one 2Br/1Ba, on a well­situated 5,299 SF lot. All apartments are in overall good condition.

The property is fully occupied with long­term tenants. The property is easy to manage and is cash flowing over a 5% cap rate. There are opportunities to add value by increasing the rents to market value as all four tenants pay below­market rates for this property.

Excellent opportunity to invest in the rapidly appreciating south Florida multi­family market.

Investment Highlights
  • 4 Very Well Maintained Units
  • Only 2 miles away from the Beach
  • Easy to Manage
  • 100% Occupancy

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
JD
John DeMarco PRO
•••.•••.1000
john@••••••••••••.com
Brokerage logo

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Comparable Properties

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Rental Market Overview

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Hallandale Beach, FL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Hallandale Beach, FL (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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