Multi Family-276 Unit Building-7%+ Cap-West Palm Beach, FL
Multi Family-276 Unit Class C+ Building-7%+ Cap-West Palm Beach, Florida, Price: $20.5M
Garden style, 15 Building, 220,119 SF Multi Family community that was built in 1973 and sits on 14.3 acres in West Palm beach, Florida. These 276 units are comprised of 83 one Bedrooms and 193 two bedrooms apartments. The property is 95 % occupied. NOI: 1.5M Cap: 7.3% The note has 11.4MM, 7.5 years left and at a 4.17 interest rate which must be assumed or Buyer will need to pay the defeasance of 1.55MM, if closed by March 1st.
More information will be disclosed after signed NDA .
Please contact us at 216-367-5690
Email address: [email protected]
4204 Detroit Road
Cleveland, Ohio 44113
Offering