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
Address
Open on Google Maps- Address: 5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States
- State/county: Broward County
- Zip/Postal Code: 33023
Vicente Rodriguez
Elior Levi







