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We are pleased to present 5807 SW 25th St, a prime 17-unit multifamily gem located in West Park, just minutes from Hollywood and Hallandale, off of 441. This renovated property consists of 16 studio/1 bath units and one 1 bed/1 bath unit, offering modern updates throughout. Most units feature new flooring, sleek full kitchens, stylish bathrooms, and recessed lighting. The property also provides ample parking and a backyard seating area for tenant enjoyment. Additional income from onsite coin laundry machines. With a new roof installed just a year ago, this turnkey property is currently fully occupied, generating a strong NOI of $234,000 annually! Offering a 7.32% Cap rate in place, this property has even more upside with the potential to increase returns by adjusting rents to market rates.PROPERTY FEATURES
Water Source : Public
Sewer System : PublicSewer
Parking Features :
Roof : BuiltUp
Property Sub-Type Additional : MultiFamily
Zoning Description : TOC
Heating : Yes.
Heating : WindowUnit,WallFurnace
Cooling : Yes.
Cooling : WallWindowUnits
Construction Materials : Block
Flooring : Other,Tile
PROPERTY DETAILS
Street Address: 5807 SW 25th St
City: West Park
State: Florida
Postal Code: 33023
County: Broward
MLS Number: A11662862
Year Built: 1955
Courtesy of Fausto Commercial Realty Consultants Inc
City: West Park
State: Florida
Postal Code: 33023
County: Broward
MLS Number: A11662862
Year Built: 1955
Courtesy of Fausto Commercial Realty Consultants Inc
Courtesy of International Business Group LLC