8% Cap Rate, $18,136 NOI. Acquire a self-managed, fully leased 2-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 1bed/1.5bath units, all located in well-maintained 55+ communities with well-established, pet-free tenants. The communities are 2-story condos with no upcoming assessments; the master insurance policies are… Read More covered in dues. LMR & security deposits of $6200 transfer. This structure consolidates 2 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only 18 Brittany A, Delray Beach, FL 33446 and 3774 Inverrary Boulevard 205, Lauderhill, FL 33319 A membership-interest transfer may have different property tax implications than a deed transfer Read Less
Courtesy of Real - ativity 561-512-4682
Listing Snapshot
Days Online
0
Last Updated
Property Type
Business
Square Ft.
1,452
Year Built
1974
MLS Number
B26092574
Additional Details
Building
Built in 1974, 2 stories, Construction Materials: CBS
Cooling
Central Air
Heating
Central
Parking
2 total parking spaces
Roof
Composition
Security Features
Security Gate, Security Guard
Sewer
Public Sewer
Taxes
Parcel Number: 494123dd0550, Annual Amount: $4,256, Legal Description: LAS VISTAS P-R IN INVERRARY CONDO UNIT 205 BLDG P PER CDO BK/PG: 5686/350, Year: 2025, Zoning: RM-45
Utilities
Water Connected, Water Source: Public, 150 Amp Service, 2 separate electric meters, 2 separate water meters
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