Residential Income

7910 N Colony Cir N , Tamarac, 33321 FL

$975,000
  • Price: $975,000
  • MLS Number: A11543690
  • Property Type: Residential Income Quadruplex
  • Beds: 0
  • Baths: 0
  • Half Baths: 0
  • Taxes: $3,147
  • Living Area: 949
  • Lot Square Feet: 0
  • HOA Fees: $509
  • Waterfront: No
  • Year Built: 1975
  • Community: VERSAILLES GARDENS CONDO
  • Subdivision: VERSAILLES GARDENS CONDO

Remarks

**6.9% CAP RATE** Introducing a 5 Unit Bulk Condo Portfolio Sale in Versailles Gardens Condominium in Tamarac. 4 are 2/2's and 1 is a 1/1.5 All units are rented to LONG-TERM tenants on annual leases and all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $64,056 per year, Gross Rent Roll- $122,712/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! 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 (annual leases only!). Also have 9 other condos in another community that can be sold

Features

Flooring:
Tile
Pets allowed:
No
Style:
Fourplex, Other
Waterfront:
No