449 SW 15th St Pompano Beach

Pompano Greens

Price Price Not Disclosed Property Use Type Investment
No. Units 28 Cap Rate 7.23%
Building Size 17,988 SF Occupancy 100%
Property Type Multifamily Year Built 1970
Property Sub-type Garden/Low-Rise Lot Size 0.96 AC

Description

The subject property is a bulk sale of 28 out of 29 condominium units in Pompano Beach, Florida, which is in Broward County. The asset was built in 1970 of reinforced concrete and pitched roofs.

The property is north of Cypress Creek Rd, south of E. Atlantic Ave. east of Dixie Hwy and west of Cypress Rd. minutes from I-95, S. Federal Hwy, A1A, which travel north and south throughout Florida, the

Hillsboro Inlet and the beaches. Nearby you will find Pine Crest Preparatory School, Holly Cross Hospital, Pompano Beach Air Park, Fort Lauderdale Executive Airport, The Isle

Casino Racing Pompano Park, as well as many retailers, restaurants, and major employers.

Highlights

  • Double Digit Cash on Cash Return Day One
  • Stable Asset, 100% Occupied
  • Excellent Mix: Studio, One-, Two- Bedroom Plans
  • Sparkling Pool, Laundry On-Site
  • Ample Parking for Guests and Tenants
  • Easy Access to I-95, Cypress Creek Rd., E Atlantic Ave., Federal Hwy., and A1A

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