JUST LISTED! - LoopNet...• Renovated Units Include: New Kitchen Cabinets & Counters, Modern...

Preview:

Citation preview

PROPERTY HIGHLIGHTS• Stable, Turnkey, Re-positioned Asset, 100% Occupied, with Strong In-Place Income and

3.8% Upside in Rents

• Attractive Unit Mix of Spacious One and Two Bedroom Apartments

• Renovated Units Include: New Kitchen Cabinets & Counters, Modern Kitchen Appliances &New Tile Work Throughout

• Bathroom Renovations include: New Vanities, Light Fixtures & Tile Throughout

• Proximity to Diplomat Resort Golf & Country Club, Diplomat Mall Shopping Center, TheGulfstream Park & Racing Casino

JUST LISTED!PARK TERRACE APARTMENTS

10,918 SF MULTIFAMILY PROPERTY

New Listings Posted Daily at FranklinSt.com

915 NE 8th StHallandale Beach, FL 33009

Price: $2,400,000

Cap Rate: 5.31%

Number of Units: 14

Price PSF: $219.82

Net Operating Income: $127,375.60

Square Feet: 10,918 SF

Land Area: 0.354 Acres

Year Built: 1966

Tenancy: Multiple

DOWNTOWN FORT LAUDERDALE

THE BIG EASY CASINO

HARD ROCK CASINO & HOTEL HOLLYWOOD STATION

ATLANTIC VILLAGE

ATLANTIC SHORES BLVD

SUBJECT SITE

PEMBROKE ROAD

DOWNTOWN FORT LAUDERDALE

DIPLOMAT GOLF & COUNTRY CLUB(REDEVELOPMENT SITE) AVENTURA/ SUNNY ISLES BEACH GULF STREAM PARK RACING & CASINO

ATLANTIC VILLAGESUBJECT SITE

INTERESTED IN INVESTING?CONTACT OUR TEAM FOR MORE INFORMATION

Hernando PerezDirector786.245.0499hernando.perez@franklinst.com

FRANKLINST.COM

New Listings Posted Daily at

#TogetherOneTeam