8061 Southgate Boulevard, North Lauderdale FL 33068

Description

**6.75% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio Sale in Royale Gardens Condo in North Lauderdale. All 4 condos are 2/2s but have a 3rd room (association allows) and rented as 3/2 and ALL CONDOS ARE IN ROYALE GARDENS COA (community has total of 144 units). 4 units from the SAME seller have a NOI- $68,304 per year, Gross Rent Roll- $109,560/Y, ROI- 6.75%..Monthly COA fee at Royale Gardens is just $355 and includes reserves! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS. ROOFS REPLACED IN 2022! Association allow immed renting & is investor-friendly. SELLERS CAN SPLIT UP THE 4 UNITS TO ACCOM BUYERS BUDGET One Unit is rented for $2400, 2 are rented for $2350 and 1 is vacant for showing.

This quadruplex home located at 8061 Southgate Boulevard, North Lauderdale FL 33068 is currently for sale and has been available on Brickellsold for 85 days. This property is listed at $993K. It has N/A beds, N/A bathrooms, and is 1010 square feet. It was built in 1988. 8061 Southgate Boulevard, North Lauderdale FL 33068 is in North Lauderdale neighborhood Broward County.