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.
- New All Aboard Train stop just outside front door (click here for info http://www.
allaboardflorida.com)
- 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. *
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Email: contact@lallave.net
Or
Call/Text: (858) 859-0289
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