THE TERRACE APARTMENTS
- Unit Mix Consists Of (4) 1 Bedroom 1 Bathroom Units (658 sqft) and (1) 2 Bedroom 2 Bathroom (794 sqft)
- 100% Occupied Asset with Strong Cash Flow Day One With Opportunity To Raise Rents 26.70%
- On-site Amenities Include an In-Unit Washer/Dryer, 2 Parking Spots Per Unit, a Pool, Private Balconies, And a Backyard.
- Highly Desirable East Broward Location Walking Distance To Fort Lauderdale High School and 8 Minute Drive To Las Olas Beach
- Seller Is Receptive To Offers That Include Seller Financing
- Each Unit Has Separate Parcel Number And Are Individual Condo Units Owned By The Same Entity
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | Garden Style |
| Price: | $1,400,000 |
| No. of Units: | 5 |
| Cap Rate: | 4.22% |
| Year Built: | 1974 |
| Building Size: | 3,426 Sq ft |
| Lot Size: | 0.20 Acres |
| No. of Stories: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $280,000 |
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