617 SE 16th St, Fort Lauderdale FL 33316
Beds
Baths
SQFT 0
Garage
59 Years Built
Home Details
Great fourplex with private fenced in courtyards for each unit and central A/C. This property is part of the Broward Multifamily Portfolio, a 103-unit, 25 property portfolio located in east-central Broward County. Most properties are located in a five-mile radius within the City of Fort Lauderdale. Currently, 100% leased. All properties are CBS construction, approx. half the units have been renovated with upgraded kitchens and baths. Many of the properties have oversized units, large lots, and 6’ privacy fencing. The properties are being offered as a single portfolio of 103 units, or as four separate “sub-portfolios”. The asking price for the entire portfolio is $11,250,000 or $109,223 per unit, which is approximately 3% discount over the sub-portfolio pricing.
Other Interior Features
General
Neighbourhood
Location
Great fourplex with private fenced in courtyards for each unit and central A/C. This property is part of the Broward Multifamily Portfolio, a 103-unit, 25 property portfolio located in east-central Broward County. Most properties are located in a five-mile radius within the City of Fort Lauderdale. Currently, 100% leased. All properties are CBS construction, approx. half the units have been renovated with upgraded kitchens and baths. Many of the properties have oversized units, large lots, and 6’ privacy fencing. The properties are being offered as a single portfolio of 103 units, or as four separate “sub-portfolios”. The asking price for the entire portfolio is $11,250,000 or $109,223 per unit, which is approximately 3% discount over the sub-portfolio pricing.