LIZ NUNES 561.351.4529 | CHIP ARMSTRONG 561.371.3787
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Total Square Feet1,008
The current NOI is $53,548 with a 7.65% CAP rate. Build an 11 unit Multifamily, which will increase the total revenue to $363,000 and the NOI to $354,148, at a total cost of $3,671,500, resulting in a cap rate of 10%. Discover the potential of this rare 1.25-acre parcel, zoned RM (Multi-Family, Medium Density) and located in an unincorporated area. The site may accommodate up to 11 residential units--a prime opportunity for developers or investors seeking a strong growth prospect. Enjoy a strat...
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Courtesy of
Agency Name: KW Reserve Business Brokerage LLC
Agency Phone: (844) 456-4647
Agent Name: John A Diaz
Presented by
Agent Name: The Legacy Group
Agent Phone: 561.282.5207
Agency Title: The Keyes Company
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