PORTFOLIO SALE: Four Triplex Property Portfolio in Lauderhill.
The portfolio consists of a total of 12 apartment units all of which are 3 bedrooms and 2 baths approximately 1,215 SF. Each unit has 2 designated parking spaces, for a total of 24 parking spaces across the entire portfolio. All the buildings have been recently renovated, and are extremely well maintained, making it very attractive for prospective tenants.
Currently the average rent per unit is $2,750 per month. Section 8 for three bedroom units within the properties zip code has approvals for rent up to $3,157 per month, providing a value add component for section 8 investors. This portfolio presents a phenomenal option for investors looking to own valuable, stabilized assets and potential for long term growth.
5721 NW 28th St, Lauderhill, FL, 33313
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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