$750,000
$975,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
10,001 Sqft Lot
SOLD DATE : 10/19/2018
Key Details
Sold Price $750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID A10507569
Sold Date 10/19/18
Style Detached
HOA Y/N No
Year Built 1968
Annual Tax Amount $8,736
Tax Year 2017
Lot Size 10,001 Sqft
Property Description
Former licensed assisted living facility that needs converted to 8-10 apartments. Fully renovated, new roof, new HVAC, new bathrooms, new floors, new impact windows and doors, new fencing, new lighting and much more. Easy conversion back to multifamily but just adding a few kitchens. Adjacent lot to the South is included. When fully leased up this property should yield an investor $129,472 in net income providing an investor a 13% capitalization rate on a pro-forma basis.
Location
State FL
County Broward County
Area 3030
Exterior
Waterfront No
Total Parking Spaces 6
Building
Architectural Style Detached
Others
Tax ID 514210210110
Financing Cash
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