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2820 & 2830 Somerset Dr
Lauderdale Lakes, FL 33311

Somerset Lakes Condos · Multifamily Property For Sale · 68 Units

INVESTMENT HIGHLIGHTS

  • Attractive Seller Financing Available
  • Approximately 20 Percent Upside in Rental Income
  • Ease of Management Due to Condo Association
  • Excellent Unit Mix of 68 Percent Two-Bedroom/Two-Bathroom Units
  • Gated Entrances and Many Community Amenities
  • Very Strong Fundamentals

PROPERTY FACTS

No. Units 68
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.21 AC
Building Size 64,308 SF
Average Occupancy 100%
Number of Floors 4
Year Built/Renovated 1981/2021

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Carpet

SITE AMENITIES

  • 24 Hour Access
  • Clubhouse
  • Courtyard
  • Pool
  • Tenant Controlled HVAC
  • Pond
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
1+1 6 £1,488 748
1+1.5 16 £1,505 835
2+2 46 £1,660 1,010
  • Listing ID: 33301714

  • Date on Market: 25/09/2024

  • Last Updated:

  • Address: 2820 & 2830 Somerset Dr, Lauderdale Lakes, FL 33311

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