$1,500,000
31 Av

1118 NW 31 Av, Fort Lauderdale FL 33311

Beds

Baths

SQFT 0

Garage

68 Years Built

Schedule Visit

Home Details

14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR. Minus expenses: $35,000 YEAR. Total NOI: $219,400 YEAR. Equal 11.2% Cap. Rate.

Other Interior Features

Heating
Electric
Appliances
Living Area - SqFt
5827
Inside
Total - SqFt
0

General

MLS#
A11566600
Architectural Style
Other
Bathroom Features
Living Area - SqFt
5827
Construction Materials
Window Features
Total - SqFt
0

Neighbourhood

BROWARD PARK
LAUDERDALE MANORS ADD
WESTWOOD PARK SEC 5

Location

14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1,300 month = $218,400 YEAR / 2 one bedrooms $1,500 month = $36,000 YEAR. Minus expenses: $35,000 YEAR. Total NOI: $219,400 YEAR. Equal 11.2% Cap. Rate.

Schedule Visit

    Translate »