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Property Description

A true gem in its original condition performing at a 12% cap rate! This unique 18 unit property features 6-1/1 units and 12-one bedroom units with shared bathrooms on a 17K SqFt lot that offers ample opportunities for redevelopment. Currently performing below market rents, this property offers great income upside potential with renovations needed. Near to major hwys, restaurants, and employers to ensure occupancy. Could be a great idea for a group/adult home. Please do not disturb the tenants. Please call agent for details. Contact Ryan E. Campbell for Wells Fargo unique financing promotion available for this property.

Features
2
2
2
: Heat Pump
: Partially Air Conditioned
: 1, 14
: Concrete block construction, Cbs construction
: Concrete floors, Terrazzo floors
: Built-up roof, Other roof
: Public water
Address Map
US
FL
Broward County
Fort Lauderdale
33311
1118-1122
Additional Information
3560
494232070290
$9,340
2017
B-3
Coconut grove
Ponce de leon
Coral springs
7,537 Sqft
17,064 Sqft
1

1118-1122 NW 31st Ave

Fort Lauderdale, Florida 33311

17,064 Sqft
$850,000
Listing ID #A10410505
Basic Details
Property Type : Commercial Property
Prop Type/Type of Building : Apartments, Hotel/motel
Listing Type : For Sale
Listing ID : A10410505
Price : $850,000
#Units : 18
View : Garden view,other view
Year Built : 1957
Lot Area : 17,064 Sqft
Status : Active
Agent info
Contact Agent
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