$6,200,000
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1916 SW 11th St Fort Lauderdale, FL 33312
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
16,911
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
24-unit apartment building. Motivated owners/seller! Attractive unit mix (Four 2 Bedrooms and 2 Bath). (Four - 2 Bedrooms and 1 Bath). (Sixteen- 1 Bedroom and 1 Bath). Kings Pointe II Apartments. Highlights. The building has a metal roof that was completed in 2012, and metal roofs have a life...span of 40 to 70 years. The building also has a 10-year recertification that was completed on 11/03/2020. Stabilized asset boasting 100% occupancy, generates a stable income, with minimal deferred maintenance. With an average effective rent of $1712, an investor has the opportunity to increase rental rates to be competitive within the market as units turn.Additionally new Investor can also increase income by charging back the tenants for utilities usage.
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MLS#
A11587494
Property Type
Multi-Family
Year Built
1967
Square Feet
16,911
sq. ft
Lot Size
0.61
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