Lighthouse Point, FL 33064,2131 E Sample Rd

$2,650,000

Est. payment /mo

$3,450,000

23.2%
Est.Price: ?

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2131 E Sample Rd Lighthouse Point, FL 33064

SOLD DATE : 08/17/2016

Key Details

Sold Price $2,650,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID F10026700

Sold Date 08/17/16

HOA Y/N No

Year Built 1979

Tax Year 2015

Property Description

PLEASE DO NOT DISTURB TENANTS!Fantastic 22 unit residential complex: 10 2/1.5 townhouses & 12 1/1 single story apartments.The current rent roll is approximately The rental revenue of this asset to throwing off around $240K+ per year of NET OPERATING INCOME(NOI), or 6.3%. 1 bedrooms average $985/m and the two bedroom units between $1,400-$1,425 per month.
Annual Expenses including management, but excluding maintenance and repairs is roughly $95K, including a $12,000 charge for management

Location

State FL

County Broward County

Area North Broward Intracoastal To Us1 (3211-3234)

Zoning RM25

Interior

Flooring Carpeted Floors, Wood Floors

Exterior

Water Access N

Roof Type Composition Roll,Other Roof

Private Pool No

Building

Story 2.0000

Foundation Frame Construction, Frame With Stucco

Others

Pets Allowed No

Acceptable Financing Cash, Conventional/Refinance

Listing Terms Cash, Conventional/Refinance

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BeachesMLS Matrix (RAPB-F prefix)
Listed by The Ron Rosen Group LLC

Diana Carvajal, MBA

Advisor | License ID: SL 3294569

+1(561) 376-9495

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