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13
  • Property Type
  • Multi-family
  • 17
  • Units
  • 5,718 ft²
  • Area Size
  • 12,754 ft²
  • Land Area
17 unit multifamily gem located in West Park
  • $3,200,000

Details

Updated on November 23, 2024 at 1:33 am
  • Property ID FC-5807 SW 25th St
  • Price $3,200,000
  • Property Size 5,718 ft²
  • Land Area 12,754 ft²
  • Units 17
  • Property Type Multi-family
  • Property Status For Sale

Description

We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off 441. This fully renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek kitchens, stylish bathrooms, and recessed lighting.

The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income is generated from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually. Offering a 7.32% going in cap rate! This property has even more upside with the potential to increase returns by adjusting rents to market rates.

Property Documents

5807 SW 25TH ST-ELEVI-FLYER
  • Address: 5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States
  • State/county: Broward County
  • Zip/Postal Code: 33023

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