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**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 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the 3 units and sell less units to accommodate the buyer's budget - the price is pretty firm.
| Price | £192,827 |
| Unit Size | 1,010 SF |
| No. Units | 3 |
| Total Building Size | 3,030 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Number of Floors | 2 |
| Typical Floor Size | 1,515 SF |
| Year Built | 1985 |
| Unit Size | 1,010 SF |
| Price | £192,827 |
| Price Per SF | £190.92 |
| Unit Use | Light Industrial |
| Sale Type | Investment |
| No. Parking Spaces | 1 |
**6.75% CAP RATE**
Each unit is $250,000. Introducing a 4-unit (previously listed as 8-units (price-decrease)) bulk condo portfolio sale in Royale Gardens Condos in North Lauderdale. All four condos are two-bed/ two-bath but have a third bedroom (association allows), and are rented as three-bed/ two-baths. All condos are in the Royale Gardens COA. For four of the rented units (one of them is currently vacant), the NOI is $68,304 per year, the gross rent roll is $109,560 per year, and ROI is 6.75%. Monthly COA fees at Royale Gardens is just $355, and include 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the four units and sell less units to accommodate the buyer's budget - the price is firm.
**6.75% CAP RATE**
Each unit is $250,000. Introducing a 4-unit (previously listed as 8-units (price-decrease)) bulk condo portfolio sale in Royale Gardens Condos in North Lauderdale. All four condos are two-bed/ two-bath but have a third bedroom (association allows), and are rented as three-bed/ two-baths. All condos are in the Royale Gardens COA. For four of the rented units (one of them is currently vacant), the NOI is $68,304 per year, the gross rent roll is $109,560 per year, and ROI is 6.75%. Monthly COA fees at Royale Gardens is just $355, and include 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the four units and sell less units to accommodate the buyer's budget - the price is firm.
| Unit Size | 1,010 SF |
| Price | £192,827 |
| Price Per SF | £190.92 |
| Unit Use | Light Industrial |
| Sale Type | Investment |
**6.75% CAP RATE**
Each unit is $250,000. Introducing a 4-unit (previously listed as 8-units (price-decrease)) bulk condo portfolio sale in Royale Gardens Condos in North Lauderdale. All four condos are two-bed/ two-bath but have a third bedroom (association allows), and are rented as three-bed/ two-baths. All condos are in the Royale Gardens COA. For four of the rented units (one of them is currently vacant), the NOI is $68,304 per year, the gross rent roll is $109,560 per year, and ROI is 6.75%. Monthly COA fees at Royale Gardens is just $355, and include 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the four units and sell less units to accommodate the buyer's budget - the price is firm.
**6.75% CAP RATE**
Each unit is $250,000. Introducing a 4-unit (previously listed as 8-units (price-decrease)) bulk condo portfolio sale in Royale Gardens Condos in North Lauderdale. All four condos are two-bed/ two-bath but have a third bedroom (association allows), and are rented as three-bed/ two-baths. All condos are in the Royale Gardens COA. For four of the rented units (one of them is currently vacant), the NOI is $68,304 per year, the gross rent roll is $109,560 per year, and ROI is 6.75%. Monthly COA fees at Royale Gardens is just $355, and include 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the four units and sell less units to accommodate the buyer's budget - the price is firm.
| Unit Size | 1,010 SF |
| Price | £192,827 |
| Price Per SF | £190.92 |
| Unit Use | Light Industrial |
| Sale Type | Investment |
**6.75% CAP RATE**
Each unit is $250,000. Introducing a 4-unit (previously listed as 8-units (price-decrease)) bulk condo portfolio sale in Royale Gardens Condos in North Lauderdale. All four condos are two-bed/ two-bath but have a third bedroom (association allows), and are rented as three-bed/ two-baths. All condos are in the Royale Gardens COA. For four of the rented units (one of them is currently vacant), the NOI is $68,304 per year, the gross rent roll is $109,560 per year, and ROI is 6.75%. Monthly COA fees at Royale Gardens is just $355, and include 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the four units and sell less units to accommodate the buyer's budget - the price is firm.
**6.75% CAP RATE**
Each unit is $250,000. Introducing a 4-unit (previously listed as 8-units (price-decrease)) bulk condo portfolio sale in Royale Gardens Condos in North Lauderdale. All four condos are two-bed/ two-bath but have a third bedroom (association allows), and are rented as three-bed/ two-baths. All condos are in the Royale Gardens COA. For four of the rented units (one of them is currently vacant), the NOI is $68,304 per year, the gross rent roll is $109,560 per year, and ROI is 6.75%. Monthly COA fees at Royale Gardens is just $355, and include 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. The association allows immediate renting and is investor-friendly. All units are rented. The seller can split up the four units and sell less units to accommodate the buyer's budget - the price is firm.
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 3 | £1,832 | 1,010 |
| Zoning Code | RM (Residential Multi-Family) |
Royale Gardens Condos Overview
Washer/ Dyer In-Unit
Tub/ Shower Bathroom
Patio
Full Kitchen with Hardwood Floors
Living with with Hardwood Floors
Closet Storage
Bedroom with Windows
Walk-In Closet
Bedroom with Windows
Tub/ Shower Bathroom
Bedroom Overview
Bedroom Overview
Recently Upgraded Bathroom
Patio
Royale Gardens Condos Overview
Community Outdoor Pool
Living Room with Hardwood Floors and Ceiling Fan
Bedroom with Hardwood Floors
Kitchen with Stainless Steel Appliances
Kitchen with Stainless Steel Appliances
Kitchen with Stainless Steel Appliances
Kitchen and Washer/Dryer In-Unit
Kitchen with Stainless Steel Appliances
Full Kitchen
Full Kitchen with Washer/ Dryer In-Unit
Tub/ Shower Bathroom
Single-Vanity Bathroom
Full Kitchen
Living Room with Large Window
Bedroom with Windows and Ceiling Fans
Bedroom with Windows and Ceiling Fans
Tub/ Shower Bathroom
Bedroom with Ceiling Fan
Full Kitchen with Hardwood Floors
Full Kitchen with Hardwood Floors
Full Kitchen with Hardwood Floors
Living with with Hardwood Floors
Living with with Hardwood Floors
Bedroom with Large Window
Recently Upgraded Bathroom
Recently Upgraded Bathroom
Sliding Glass Doors
Condo Exteriors
Royale Gardens Overview
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