17-unit multifamily gem located in West Park

  • $3,200,000
5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States
  • Multi-family
  • Property Type
  • 18
  • Units
  • 5,718 Sq Ft
  • ft²
  • 12,754 Sq Ft
  • Lot ft²
For Sale
17-unit multifamily gem located in West Park
5807, Southwest 25th Street, Carver Ranches, West Park, Broward County, Florida, 33023, United States
  • $3,200,000

Details

Updated on October 28, 2024 at 4:19 pm
  • Property ID: FC-5807 SW 25th St
  • Price: $3,200,000
  • Property Size: 5,718 Sq Ft ft²
  • Land Area: 12,754 Sq Ft ft²
  • Units: 18
  • 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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Elior Levi
  • Elior Levi