Investor · Jupiter, FL · Member since 2015 · 54 posts · 5 votes
8 unit for sale $459,000.00
new roof
NOI $47,050
CAP 10.23%
This is a well maintained two-story efficiency apartment building, built in 1925; it has beautiful wood floors, "vintage" bath tubs, Murphy Beds and upgraded
electric and plumbing. Owner plans to replace roof by 2018. Additional features include a car port, enclosed front porch, and a fireplace. It has 10.23% CAP
RATE and it is a zoned commercial area potential for future conversion to commercial use such as offices. Located just 1 block from US #1.
please let me know if you would like more details or take a look at the Offering Memo.