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David Block PA

d.blockrealtor@gmail.com +1(954) 552-4035

$225,000

Est. payment - /mo

1,452 SqFt

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,452 sqft

Price per Sqft $154

MLS Listing ID B26092574

HOA Y/N No

Year Built 1974

Annual Tax Amount $4,256

Tax Year 2025

Property Sub-Type Business

Property Description

8% Cap Rate, $18,136 NOI. Acquire a self-managed, fully leased 2-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 1bed/1.5bath units, all located in well-maintained 55+ communities with well-established, pet-free tenants. The communities are 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $6200 transfer. This structure consolidates 2 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only 18 Brittany A, Delray Beach, FL 33446 and 3774 Inverrary Boulevard 205, Lauderhill, FL 33319 A membership-interest transfer may have different property tax implications than a deed transfer

Location

State FL

County Broward

Area 3740

Zoning RM-45

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Fireplace No

Exterior

Utilities Available Water Connected

Water Access Desc Multiple Meters,Public

Roof Type Composition

Accessibility None

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Multiple Meters, Public

Structure Type CBS (Concrete Block Structure),Block

Others

Tax ID 494123dd0550

Security Features Security Gate,Security Guard

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/3774-INVERRARY-Boulevard-Unit-205p-Lauderhill-FL/unbranded

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Listed by Elizabeth A Lewis Real - ativity

NEARBY SCHOOL & BUSINESS

David Block PA

Agent License ID: SL3467871

+1(954) 552-4035 | d.blockrealtor@gmail.com

3774 INVERRARY BLVD #205P Lauderhill, FL

David Block PA

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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