Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1968
  • Total Sqft 14,585
  • Date Listed 09/11/2019
  • Days on Market 142
Description

Two Price Adjustments creates a competitive priced apartment building available for sale. The two-story subject property consists a significant value add component. Rents are approximately 25 undervalued according to third-party evidence as illustrated in a rent survey. Current PGI 102,960. Stabilized PGI 129,600. Each unit is approximately 800 ft. with Wall Unit AC. Parking is ample. The property supports a stabilized ROI of 11+ based on list price with the taxes stepped up to reflect the asking price. *** Download the Offer Memorandum attached to the 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 NW 41st Street
  • 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 NW 41st Street

Oakland Park, FL 33309

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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