Fort Lauderdale, FL, USA 0

$13,000,000 After Repair Value -
$10,600,000 Asking Price -
$500,000 Cost of Repairs =
$1,900,000 Potential Profit

Property Details

Asking Price $10,600,000

After Repair Value $13,000,000

Costs of Repairs $500,000

Potential Profit $1,900,000

Living Area N/A

Property Type Single Family House

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $79,675

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income $525,855

Cap Rate 6%

Property Description

LOCATION: Fort Lauderdale Area, FLPURCHASE PRICE: $10.6M + 4%Here is a rare opportunity to own a portfolio of 32 Single Family Homes and 9 Duplexes in the Fort Lauderdale area of South Florida.These are owned by one private seller who has maintained these properties in top notch condition and they show extremely well.Property location by City:Fort Lauderdale: 21 SFR + 9 DuplexesNorth Lauderdale: 4 SFRSunrise: 3 SFRMargate: 3 SFROakland Park: 1 SFREstimated Portfolio Value: $11,513,050Gross Rent per month: $79,675NOI: $525,855 CAP RATE: 5%ADDITIONAL INFORMATION IS AVAILABLE TO QUALIFIED BUYERS ONLY !THIS PORTFOLIO IS OFF THE MARKET MUST STAY OFF THE MARKET, PLEASE DO NOT LET THIS GO VIRAL THIS IS A PRE-DUE DILIGENCE PACKAGE AND NOT A FORMAL DUE DILIGENCE PACKAGE. ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT AND THE BUYER OPENS THE CONTRACTED ESCROW TRUST ACCOUNT WITH THEIR EARNEST MONEY DEPOSIT, THE SELLER WILL PROVIDE THE BUYER WITH THE P&Ls, AND ANY AND ALL FORMAL DUE DILIGENCE INFORMATION AND DOCUMENTATION AVAILABLE TO BE ABLE TO CLOSE ESCROW.Buyers are advised to do their own independent due diligence and research before commuting with the purchase PLEASE, NO TRANSACTIONAL FUNDING. REQUIRED - FOR FINANCIALS OR TO MAKE AN OFFER:1. SIGNED NDA2. LETTER OF INTENT 3. POF (BANK OR FUND STATEMENT) - EXCEPTIONS! ARV is a estimate buyer must due there own due diligence.... YMI

Repairs Needed

buyer must due there own due diligence...


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