733 W Dr Martin Luther King Jr Blvd W, Belle Glade FL 33430
Basics
- Date added: Added 1 year ago
- Category: Commercial Sale
- Type: Income/MultiFamily
- Status: Active
- Year built: 1959
- County Or Parish: Palm Beach County
- DOM: 0
- Lot Size Square Feet: 14550 sq ft
Description
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Description:
Great investment opportunity to own two multifamily buildings with 30 units at 9.68% caps rate. Units are in good condition. Refer to sales presentation for more images, including inside the units. Both buildings are very well maintained. 0% vacancy rate; no evictions or defaults. Low property insurance. Buildings include a total of 6 parking spaces big enough to fit 12 cars. It also has street parking. Record shows 28 units, however there is an additional studio and a commercial retail space which makes it 30 units in total, all rented. Buildings have all certifications up to date and owners have done a great job maintaining it. Potential to increase caps rate in different ways, being one of them to increase rents to current market rates. Please, call for more information.
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Location
- Parking Total: 6
- Street Name: Dr Martin Luther King Jr Blvd W
- Street Number: 733
- State: FL
- Province: FL
- Zip / Postal Code: 33430
Building Details
- Building Area Total: 14550 sq ft
- Number Of Buildings: 2
- Year Built Details: Resale
- Parking Features: Assigned, Off Site, Other, On Street
Amenities & Features
- Flooring: Ceramic Floor
