7941 Southgate Blvd, North Lauderdale, Florida, 33068
StudioBed:
1,010 Sq FtLiving Area:
Save
Price
$ 2,28M
Show
6
more
About This
House
6.5% CAP RATEIntroducing a 9 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale . 8 of the 9 units have an extra 3rd room and are rented as 3/2 's. One of them (vacant for showings) is2/2. NOI- $155, 376per year, Gross Rent Roll- $247, 560/Y, ROI- 6.5% Monthly COA fee at Royale Gardens is just $355 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% RETURNSin high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!). One Unit is vacant and available for showings. The other 8 are all rented. Excellent opportunity for the savvy investor
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While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.
The average household income in
Tamarac, FL
grew
from
$44,399
to
$45,474
in the past year. This data is an estimate based upon
26,683
households in
Tamarac, FL. The chart below presents how household income is distributed in
Tamarac, FL
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Tamarac, FL
compared to median property taxes around the country. The prevalent amount of property taxes in
Tamarac, FL
equals
$800-$1,500
, which is
less
than the national average.