Basic Information
- MLS # H10737830
- Type Multi Family
- Status Closed
- Year Built 1968
- Total Sqft 14,585
- Date Listed 09/11/2019
- Days on Market 142
Second Price Adjustgment created a competitively priced opportunity. The subject property contains 8 21 apts and has a significant value add component. property consists of two fourplexes on a single lot. Rents are approximately 25 undervalued according to third-party evidence as illustrated in a rent survey. Each unit is approximately 800 ft. with central AC. The property supports a stabilized ROI of 11 based on list price with the taxes stepped up to reflect the asking price. Current PGI 97,440. Stabilized Gross Income 129,600**********Download the offer memorandum form the attachments in MLS**********
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Brick, Block
- Parking Description
- Style Multi Family
Interior Features
- Adjusted Sqft 14,585Sq.Ft
- Cooling Description Central Air
- Heating Description Central, Electric
- Sqft 14,585 Sq.Ft
Property Features
- Address 430-440 NW 40th Ct
- Aprox. Lot Size 14,585
- Construction Materials Brick, Block
- Furnished Info no
- Listing Terms Cash, Conventional
- Subdivision Complex
- Subdivision Info
- Tax Amount $12,986
- Tax Legal desc PROSPECT GARDENS 22-26 B LOT 5 BLK 11
- Tax Year 0
- Terms Considered Cash, Conventional
- Type of Property Multi Family
430-440 NW 40th Ct
Oakland Park, FL 33309Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Media Realty. tel: 954 923-2325
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