22 Total Units
26 Electric Meters
4 CBS Buildings
Hot Little Havana Rental Market
Fully Rented to Long Term Tenants
Rent Roll & Financials Available
Great Upside Potential – Buy & Collect From Day 1!
Call for Private Showing
10, 200 Sq Ft WAREHOUSE
Less than 1 mile from I-95/ Adjacent from Ft. Lauderdale Airport
10,200sf Warehouse/Office/16′ Ceiling Height/14.6′ clearing
5 x 12 Overheads/3 Phase Power/ CBS Block Building
Could split into 3 approximate 3000 sf units
There is a tenant in there until 10/2019 @ 94,480 gm
Lot Size: 12,500 Sq.Ft
–Tenant A: is a Store Front rented for $2934.06/mo with an 8yr Lease
–Tenant B: is a Laundry rented for $1100.00/mo with a 3yr Lease
Property is a Triple Net Lease where Tenant is responsible
for Maintenance, Taxes, and Water.
Owner pays for Insurance which is $750/ Monthly
6 % CAP RATE
Mixed properties of Single Family Homes and condo’s.
The properties can also be bought individually if you prefer.
20 ft ceiling height
3 x docks/2 grade level doors
Property is currently being renovated.
Around $600,000 renovation completed November 2018
16% Potential Cap Rate
Palm Beach County
Great opportunity for investors, fixer upper.
Building with 22 units perfect to rehab and
turn into great rental income.
New plumbing October 2015, New Doors and
Windows being installed currently.
New Cabinets have been purchased for some units and
will have to be installed by new owner as well as any
rehab needed to certain units.
All Units are in need of new AC Units as well.