18 Unit Pompano Beach Multifamily Portfolio

The portfolio includes:
• 830 NW 17th Terrace – 3 units (all 1BR/1BA)
• 831 NW 17th Terrace – 4 units (all 1BR/1BA)
• 841 NW 17th Terrace – 2 units (all 1BR/1BA)
• 840 NW 18th Avenue – 2 units (all 2BR/1BA)
• 1200 NW 2nd Avenue – 4 units (one 3BR/1BA, two 2BR/1BA, and one 2BR/2BA)
• 612 NW 7th Terrace – 3 units (two 2BR/1BA and one 1BR/1BA)

Collectively, the portfolio features 18 residential units comprised of ten 1BR/1BA units, seven 2-bedroom units, and one 3BR/1BA unit. The properties benefit from proximity to major transportation corridors, employment centers, retail amenities, and the ongoing redevelopment activity throughout Pompano Beach and greater Broward County.

This offering provides investors with immediate in-place cash flow and significant upside potential through a value-add strategy focused on increasing rents to market rates. Current ownership has maintained stable occupancy while leaving room for future ownership to implement strategic interior upgrades, operational efficiencies, and rental repositioning. Based on conservative market rent projections, the portfolio has the potential to achieve approximately $328,800 in annual gross income, creating a path toward an attractive projected 8%+ cap rate.

Pompano Beach is undergoing a transformative wave of redevelopment that continues to attract both institutional and private investment into the area. The city’s multi-billion-dollar downtown redevelopment initiative is reshaping the urban core with new mixed-use projects, retail, restaurants, public spaces, and residential developments designed to create a vibrant live-work-play environment. In addition, the Intracoastal waterfront has seen a surge of luxury residential and hospitality development, with nationally recognized luxury brands and high-end developers delivering upscale condominiums, hotels, and lifestyle-oriented projects that are elevating the profile of the entire market.

As redevelopment continues to push east-to-west throughout the city, workforce and attainable housing assets such as this portfolio stand to benefit from increasing demand, rising rents, and long-term appreciation. The portfolio is well suited for investors seeking opportunity in a prime Broward County location with strong fundamentals, value-add upside, and long-term growth potential.