[Off Market] 10 Units – Value = $1.5M, Asking = $1.1M – West Palm Beach Florida – Must Sell

West Palm Beach Florida – 10% Cap Rate – Must Sell – Cash Offer

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Property Summary:

Property Type = Multi Family

Location =  West Palm Beach florida

Number of Units = 10 Units

NOI = $114,000

CAP Rate = 10%

Occupancy =  100%

Units Mix:

  • Two (2) —> 3 BR, 1 Bath
  • Eight(8) –> 2 BR, 1 Bath
 
Additional Info:

    •    Fully rented.

 

    •    Guaranteed rent.

 

    •     Part of West palm Beach revitalization Grid City is dumping money into the area.

 

 

    •    40 year certification just completed Title work done.

 
Need a quick close as seller has another property under contract and need money to close o other building.
 
Must have cash and verifiable POF.

Seller will stay on and manage if Buyer would like.

 

Asking Price = $1.1 Million
(Value = $1.5M)

(Must be Cash Buyer & Close Quick)

 

Full address available upon request.

 

TO MOVE FORWARD, buyer needs to execute minimal paperwork
*These properties are available as at today, but cannot guarantee availability anytime after. *

Contact Us For More Information

Email: contact@lallave.net

Or

Call/Text: (858) 859-0289