Seller Financing Available.
STL Commercial has been exclusively retained to facilitate the sale of a four property triplex portfolio in Lauderhill FL. The portfolio consists of a total of 12 apartments all of which are 3 bedrooms and 2 baths approximately 1,215 SF. Each unit has 2 designated parking spaces, for a total of 24 parking spaces across the entire portfolio. All the buildings have been recently renovated, and are extremely well maintained, making it very attractive for prospective tenants.
Currently the average rent per unit is $2,750 per month. Section 8 for three bedroom units within the properties zip code has approvals for rent up to $3,157 per month. Providing a value add component for section 8 investors.
The property is strategically located on the border of Lauderhill and Sunrise FL. Just one mile west of the FL Turnpike and Oakland Park Blvd. Providing tenants with easy access and plenty of nearby retail, restaurants and commercial uses. This portfolio presents a phenomenal option for investors looking to own valuable, stabilized assets and potential for long term growth.
Contact Max Loria and David Richman for more information.
Max: (561) 901-1402 max@stl-advisors.com
David: (847) 772-7159 david@stl-advisors.com