**6.75% CAP RATE** Introducing a 4 Unit (previously listed as 8- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented.SELLER CAN SPLIT UP THE 4 UNITS TO ACCOMODATE BUYERS BUDGET. ALSO HAVE A 5TH UNIT AVAILABLE AND LISTED-INQUIRE TODAY
Amazing opportunity to own an income producing property. The addresses are 7490 and 7480 SW 10TH CT. Two buildings with 8 units, 4 4 bedrooms and 2 Bathrooms and 4 3 bedrooms 2 bathrooms, generating an stady income and a 7% cap rate. All renewed units, new roof, new electrical. Please call us for more info.
N Lauderdale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a N Lauderdale real estate agent to arrange a tour today!
N Lauderdale, Florida has a population of 55,711.
The median household income in N Lauderdale, Florida is $56,109. The median household income for the surrounding county is $64,522 compared to the national median of $69,021. The median age of people living in N Lauderdale is 41.7 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 58.2 degrees. The average rainfall is approximately 60.7 inches per year, with 0 inches of snow per year.