Property Description

**6.75% CAP RATE** Introducing a 3 Unit (previously listed as 4- thus the price decrease) Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 3 condos are 2/2s but have a 3rd bedroom (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA. Units are rented between 2350-2400 per month! Monthly COA fee at Royale Gardens is just $390 (per unit) and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly. All units are rented. SELLER CAN SPLIT UP THE 3 UNITS TO ACCOMODATE BUYERS BUDGET.
One Unit is rented for $2400, 2 are rented for $2350

Features
: Central
: Central Air
: 3
: Tile
: 1/4 To Less Than 1/2 Acre Lot
: Shingle
: Public Sewer
Address Map
FL
Broward County
North Lauderdale
33068
8061 Southgate Boulevard
ROYALE GARDENS CONDO
0
W81° 45' 48.6''
N26° 13' 42''
ROYALE GARDENS CONDO
MLS Addon
: Other
$390
Monthly
: Cbs Construction
154
: All Cash, Conventional
3
: Trash Collection, Pool Maintenance
2
: Quadruplex, Triplex
$3,473
2023
RM-10

Residential Income For Sale

8061 Southgate Boulevard, North Lauderdale, Florida 33068

1,010 Sqft
$757,500
Listing ID #A11664393
Basic Details
Property Type : Residential Income
Property SubType : Triplex
Listing Type : For Sale
Listing ID : A11664393
Price : $757,500
Square Footage : 1,010 Sqft
Year Built : 1988
Building Area : 1,010 Sqft
Status : Active
Agent info
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