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Updated about 2 months ago on .

User Stats

17
Posts
4
Votes
Asma Kabeer
  • Wholesaler
4
Votes |
17
Posts

Looking for Investor for 45-unit in Belle Glade, FL 33430

Asma Kabeer
  • Wholesaler
Posted

FL 45-Unit | $50K/Door | 10.5% Cap | 23%+ CoC Upside | $700K Below Appraisal

Belle Glade, FL 33430

Fully renovated 45-unit (43 residential + 2 commercial), 95% occupied.
Strong cash flow + clear value-add upside via rent bumps, Section 8, and commercial lease-up.

  • Price: $2M

  • T12 NOI: $210K

  • Cap Rate: 10.5%

  • Cash-on-Cash: 16.8% as-is | 23–27% pro forma

  • Appraised (2023): $2.7M

  • Future Value: ~$3.88M

Looking for