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Burling Ridge Portfolio

12 Properties Offered at £9,246,494 in Multiple Locations

Investment Highlights

  • Prime Palm Beach County Location
  • 21 Properties, 50 units
  • Mix of Multi and Single Family
  • Partial Sale Possible

Executive Summary

Discover this fantastic investment opportunity in one of Florida's most coveted real estate markets with this exclusive 21-property, 50-unit residential portfolio in Palm Beach County. Boasting a solid 5.5% cap rate, this thoughtfully curated portfolio offers investors a diverse range of multi-unit residences and single-family homes in prime locations across the county. Proven track record of consistent cash flow and attractive returns. Palm Beach County's robust rental market and strong demand for quality housing ensure high occupancy rates and reliable rental income, providing investors with a stable foundation for long-term wealth creation. Whether you're looking to expand your portfolio, optimize cash flow, or capitalize on the areas thriving real estate market, these properties offer ample opportunities for growth and profitability. Professional property management is in place to handle day-to-day operations, tenant relations, and maintenance, allowing investors to enjoy passive income and peace of mind as absentee owners. Partial sale possible.

Taxes & Operating Expenses (Pro forma - 2024)

Annual
Gross Rental Income £770,541
Other Income -
Vacancy Loss -
Effective Gross Income £770,541
Net Operating Income -

Taxes & Operating Expenses (Pro forma - 2024)

Gross Rental Income
Annual £770,541
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual £770,541
Net Operating Income
Annual -

Property Facts

Price £9,246,494
Price / SF £447.92 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 5.50%
Sale Type Investment
Status Active
Number of Properties 12
Individually For Sale 0
Total Building Size 20,643 SF
Total Land Area 2.51 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
208 S K St, Lake Worth, FL 33460 Residential 3,278 SF 1928 -
3723 Morton Ave, West Palm Beach, FL 33405 Residential 3,696 SF 1922 -
7804 Overlook Rd, Lantana, FL 33462 Residential 990 SF 1955 -
515 Putnam Rd, West Palm Beach, FL 33405 Residential 1,407 SF 1923 -
4824 Bimini Cir N, West Palm Beach, FL 33407 Speciality 1,450 SF 1967 -
836 Evergreen Dr, West Palm Beach, FL 33403 Speciality 1,116 SF 1958 -
1211 Pioneer Rd, Mangonia Park, FL 33407 Speciality 900 SF 1946 -
1301 W 25th St, Riviera Beach, FL 33404 Speciality 1,270 SF 1955 -
1025 W 7th St, Riviera Beach, FL 33404 Speciality 1,265 SF 2003 -
504 18th St, West Palm Beach, FL 33407 Speciality 1,976 SF 2007 -
1230 W 23rd St, Riviera Beach, FL 33404 Speciality 1,655 SF 1970 -
652 Bayberry Dr, West Palm Beach, FL 33403 Speciality 1,640 SF 1963 -
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  • Listing ID: 31456667

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: Burling Ridge Portfolio, Lake Worth, FL

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