100 W Hidden Valley Blvd

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Address: 100 W Hidden Valley Blvd, Boca Raton, FL 33487, USA

Florida & Gulf Coast + Apartment Buildings

Created date: October 18, 2024

Date last updated: November 15, 2024

-New Construction with 19-three bedroom/two bath, 8-extra large two bedroom/two bath and 27-two bedroom/two bath.
-Existing 53 units renovated in 2015 with large upside potential in rents
-Brand new pool and clubhouse with fitness center for residents
-Additional income from 10-Garage units, additional outdoor parking, laundry and annual pet fee income
-All newly constructed have in-unit laundry and 23 of the existing units have as well
-New construction has high ceilings, floor to ceiling windows, fully appliance kitchens, oversized shower in primary bedroom
-Existing units remained near full occupancy during entire construction period. A testament to the property and location.
-On-site office with potential to be converted to an additional rental unit

Property Description

The Boca Villa Apartments is comprised of 106 units with 53 newly constructed in a block and stucco two story and five story elevatored buildings (2 & 5 Story) which consists of 26-2BR/2BA, 8 extra-large 2BR/2BA and 19-3BR/2BA. In addition, there are 53 units comprised of 40-2BR/2BA and 13-1BR/1.5BA in 5-two story stucco buildings built in 1988 and renovated in 2015. There is a new swimming pool and clubhouse as well as 10-garages listed as indoor parking in additional income. Potential Taxes are estimated based on full purchase price. Additional Income from Laundry, Garage, Outdoor Parking and Pet Fees. The subject is situated on a 7.23± acre / 314,921± square foot parcel in the R3B zone. The Palm Beach County Appraiser identifies it as APN 06-43-46-32-37-000-0000. 100 W Hidden Valley Boulevard is located in the Boca Raton area in Boca Raton. Based on the subject property’s zoning, physical characteristics, location, and forecasted economic conditions, the addition of the 53 new units to the existing garden-style multifamily property is concluded to be the highest and best use.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	106
Year Built:	2024
Lot Size:	7.22 Sq ft
Opportunity Zone:	No
Property Website	Click Here