Price : $1,900,000
Listing Type : For Sale
Location : BrowardFlorida

Two parcels in one package. Both properties are 100% occupied with upside potential.  Terrific cap rate of 6.7% with income from only 3 units in 1723 property.  Income can be easily increased to 7+% cap rate with modest rent increases.  All units are secured with 1-month security deposit and are mostly on 1-year leases.   There are two longer term tenants on month to month.  Owner says that laundry could be raised 20% to $1.50/cycle.

Constantin Ciortan
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