LIZ NUNES 561.351.4529 | CHIP ARMSTRONG 561.371.3787
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Total Square Feet231,332
Harlem Garden Apartments is a 126-unit, fully HAP-assisted property sitting on 18 acres in Clewiston with no property taxes. Occupancy is 97%+, rents are backed by HUD, and the asset is fully staffed and in compliance.2024 was distorted by one-time costs (insurance spike, HUD repayment, extraordinary repairs). When we normalize, NOI comes in around ~$525k. With the next HUD rent adjustment and expense optimizations, we project $650k NOI in 2026, which supports our $10MM asking price at a 6.5% ca...
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Agency Name: EXP Realty LLC
Agency Phone: (888) 883-8509
Agent Name: Vikaash Moosai
Presented by
Agent Name: The Legacy Group
Agent Phone: 561.282.5207
Agency Title: The Keyes Company
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700 Harlem Tenants Circle, Clewiston, FL 33440.
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