Skip to content
Welcome! Are you part of the community? Sign up now.
x
Archived over 4 years ago

$2,515,000

2.0 rooms 2 ba

Sunrise, Lauderhill, FL 33319

Multiple Occupied Off MLS

Current Rent **

$10,000+

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

19 Unit Condo Turnkey Package 9% Cap

Good afternoon BP,

a good friend of mine is divesting part of his portfolio and putting up 19 units of his 35ish unit holdings in this community. The package of condos is in a complex with incredible amenities such as: 24hr gated security, extremely large club house, stocked gym with machines and free weights, restaurant, hair salon, tennis courts, and much more.

These units are totally rehabbed and are some of the best in the complex. They are fully furnished with luxury furnishings and lighting. It is a complete package offering mixed with a few studios, 1BR 1.5BA, and 2BR 2BA+ units.

Asking for $2,515,000 for the entire package at an average of 130k~/unit furnished-- which is a steal for these cash cows. We can offer some in-house sub partial financing and of course the 9% Cap Rate -guaranteed- on the package.

We are not necessarily interested in splitting up the units, but will consider all offers. If you are interested in more details, then please reach out to me here.

Thanks for your time!

Location:

Sunrise, Lauderhill, FL 33319

Looking for an agent?
Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.