18TH AVE VILLAS...RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUS Senior Associate...

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CONTACT US RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUS Senior Associate Senior Associate Director Senior Associate SVP, Investment Sales 954.312.1678 954.660.9813 954.312.1677 954.312.1676 954.671.1821 [email protected] [email protected] [email protected] [email protected] [email protected] Sale Price: $1,299,000 Cap Rate: 4.45% Price / SF: $249.81 NOI: $57,815 Building Size: 5,200 SF Land Area: 0.34 Acres Occupancy: 100.00% Year Built: 1962 THE OFFERING INVESTMENT HIGHLIGHTS Value add opportunity with the ability to increase rents 22.73% Each unit comes with its own front porch overlooking a lush courtyard Recent Upgrades Include Hurricane Impact Windows, Sealed Roof, Newly Painted, & New Electric Panels Most Units Have Had Full Renovations Done To The Kitchens With Cabinets & Granite Countertops Located in the highly sought after Coral Ridge Isles neighborhood minutes from the beach The area caters to annual rentals as well as Airbnb due to its premium location and close proximity to the beach In walking distance from major retailers, grocery stores, and local restaurants The property sits blocks from Commercial Blvd which provides easy access to Dixie Hwy and US Federal Hwy I95 and Florida’s Turnpike 5901-5911 NE 18th Ave, Fort Lauderdale, FL 33334 8 Units | Multifamily Property | Coral Ridge Isles 18TH AVE VILLAS OFFERING FLYER

Transcript of 18TH AVE VILLAS...RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUS Senior Associate...

  • CONTACT USRYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUSSenior Associate Senior Associate Director Senior Associate SVP, Investment Sales954.312.1678 954.660.9813 954.312.1677 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]

    Sale Price: $1,299,000

    Price / Unit: $162,375

    Price / SF: $249.81

    Number of Units: 8

    Cap Rate: 4.45%

    NOI: $57,815

    Year Built: 1962

    Lot Size: 0.34 Acres

    Sale Price: $1,299,000

    Cap Rate: 4.45%

    Price / SF: $249.81

    NOI: $57,815

    Building Size: 5,200 SF

    Land Area: 0.34 Acres

    Occupancy: 100.00%

    Year Built: 1962

    THE OFFERING INVESTMENT HIGHLIGHTS

    • Value add opportunity with the ability to increase rents 22.73%

    • Each unit comes with its own front porch overlooking a lush courtyard

    • Recent Upgrades Include Hurricane Impact Windows, Sealed Roof, Newly Painted, & New Electric Panels

    • Most Units Have Had Full Renovations Done To The Kitchens With Cabinets & Granite Countertops

    • Located in the highly sought after Coral Ridge Isles neighborhood minutes from the beach

    • The area caters to annual rentals as well as Airbnb due to its premium location and close proximity to the beach

    • In walking distance from major retailers, grocery stores, and local restaurants

    • The property sits blocks from Commercial Blvd which provides easy access to Dixie Hwy and US Federal Hwy I95 andFlorida’s Turnpike

    5901-5911 NE 18th Ave, Fort Lauderdale, FL 333348 Units | Multifamily Property | Coral Ridge Isles18TH AVE VILLAS

    O F F E R I N G F L Y E R

  • NE 18TH AVE

    PINE CREST SCHOOL

    NE 62ND ST

    POMPANO PLAZA

    POMPANO BEACH

    POMPANO BEACH AIRPARKSOUTH DIXIE HIGHWAY

  • SEA RANCH LAKESBAY COLONY

    NE 18TH AVE

  • NE 18

    TH AV

    E

    FORT LAUDERDALE BEACH

    DOWNTOWN FORTLAUDERDALE

    LAUDERDALE BY THE SEAE COMMERCIAL BLVD

  • RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUSSenior Associate Senior Associate Director Senior Associate SVP, Investment Sales954.312.1678 954.660.9813 954.312.1677 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]

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