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27 APARTMENT UNITS-21937 > Multifamily / Garden Apartments
6/27/2014

  • Preferred Listing
  • Address: 4066 ASTER COURT , Lake Worth Florida 33461
    • Listing ID: CL-Florida-30914
      Listing Status: Accepting Offers
      Auction: No
    • Net Lease Investment: No
      Financing: No Financing Available
      Buisness Available for Sale? No
      Property On Ground Leased: No
      Property Status: Normal Sale
    • Bldg Status: Existing
      Year: 0 Bldg: 0 sqft.
      Stories: 0 Lot: 0 sqft.
      Units: 0 Furnished: No
      Occupied: No Occupancy: 0%
    Description: Capital Commercial Real Estate Group, Inc. is proud to market this 27 Unit Class C opportunity for $1,900,00 ($70,370 per unit). This is a growth investment opportunity, with an 8.11% pro-form cap rate and a current cap rate of 9.08%. The opportunity includes 9 triplex buildings, totaling 27,900 Sq. Ft., which were built in 1980. The property is distributed between 7 contiguous parcels, totaling 4.72 acres of land. The buildings host a unit mix of 18-2 Bedroom/1 Baths and 9-2Bedroom/2 Baths. Each unit has individual entrances, central air conditioning and they are separately metered for all utilities. The property is located in the south-east section of the city of Lake Worth, only blocks from John Prince Memorial Park, Palm Beach Community College, Lantana Airport and Lake Worth Road which allows easy access to Interstate 95 and the Florida Turnpike
Tradidional Purchase -
Asking Price:
$1,900,000.00
Detail
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