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Price: $925,000

For Sale

Price: $925,000

601-611 & 625-633 Amaryllis Ave Pahokee, FL.

Description

Stabilized Multi-Family Opportunity in Palm Beach County, FL. Eleven-unit multi-family property composed entirely of 3/2 units which are all rented at 100% capacity. The opportunity offers a potential buyer the possibility to acquire a fully occupied asset with historically stable cash flow within a growing market. Located in Palm Beach county and within the opportunity zone, the location of this asset is strategically located Southeast of Lake Okeechobee and nearby West Palm Beach.

+ Price: $925,000

+ Price Per Unit: $84,090

+ Existing NOI: $79,000

+ CAP Rate: 8.5%

+ 11 Units: 900 SF each

+ Lot: 30,492 SF  (0.7 Acres)

+ Occupancy: 100%

+ Type: Multifamily

+ Neighborhood: Pahokee, FL

SOLD
For Sell

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