Fort Lauderdale, FL

1920 SW 4 AVE, Fort Lauderdale FL 33315

10000 SF LIVING AREA
$4,900,000
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Key Details

Status
Active Under Contract
Property Type
Quadruplex
Year Built
1975

Overview

New to market Extensively Renovated Apartment Complex Completed in 2022 Producing $423k Gross on annual Leases, $289k NET @ 6.5% CAP Properly Underwritten on sale-price taxes, Expenses, Vacancy & Maintenance 14 large units with 26 bedrooms, 80 windows, Private yards, 23 Parking spots. 10,000sqft, 3 lots totaling Half an acre Impact Windows & Doors, Kitchens, Railings, Plumbing & Driveway Paving 2019 HVAC & Updated electric & New Roof with 20 year warranty 40 Year certification in 2019 4 Point Wind Inspection 2023 located in a Million-dollar home neighborhood, on 4th Avenue, very close to near Downtown Las Olas, International Airport & Shipyard, Marina Mile Yacht industry. High Demand area for Airline & Ship workers, Stewardesses, Traveling Nurses, Remote workers.

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Andre Villarreal
Andre@CaneroGroup.com
305-742-1528
Contact Agent
250 Giralda Avenue
Coral Gables, FL 33134
(305)-444-5004

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