Property Description

8% Cap Rate, $18,136 NOI. Acquire a self-managed, fully leased 2-property investment portfolio by purchasing a single LLC’s membership interests. Units are renovated (2) 1bed/1.5bath units, all located in well-maintained 55+ communities with well-established, pet-free tenants. The communities are 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $6200 transfer. This structure consolidates 2 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only 18 Brittany A, Delray Beach, FL 33446 3774 Inverrary Boulevard 205, Lauderhill, FL 33319 A membership-interest transfer may have different property tax implications than a deed transfer*

Features
Swimming Pool
Heating System
Cooling System
Association Amenities
Roof
Sewer
Address Map
State:
FL
County:
Broward
City:
Lauderhill
Zipcode:
33319
Street:
3774 Inverrary Boulevard, Lauderhill, Florida 3331
Longitude:
W81° 45' 57.1''
Latitude:
N26° 10' 17''
MLS Addon
Association Fee:
$14,808
Association Fee Frequency:
Annually
Building Area:
1,454 Sqft
Construction Materials
Cumulative DOM:
2
DOM:
3
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
00424622070010180
Senior Community:
1
Stories Total:
2
Structure Type:
Multi Family
Subdivision Name:
Kings Point & Inverrary
Tax Annual Amount:
$4,256
Utilities
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Residential Income For Sale

3774 Inverrary Boulevard, Lauderhill, Florida 3331, Lauderhill, Florida 33319

1,454 Sqft
$225,000
MLS # #B26092569
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$225,000
Square Footage :
1,454 Sqft
Year Built :
1980
MLS # :
B26092569
Agent info
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