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1109 NW 6th Ave 5 Unit Apartment Building $1,439,330 CAD ($287,866 CAD/Unit) 7.82% Cap Rate Pompano Beach, FL 33060
Investment Highlights
- Seller Financing Options Available!
- Interiors Completely upgraded in 2022 restoration!
- Excellent Location!
- Easy and Quick to Rent!
- 100% Occupied!
Executive Summary
Completely restored & permitted project in 2022. Modern remodeled 5-unit CBS apartment building. Everything was updated including A/C, Hot Water Tank, Electrical, Panels, Plumbing, Floors, Hurricane Impact Windows & Doors, Fixtures, Hardware, Appliances, Cabinets, Vanities, Tub, Closets, and much more in 2022 as part of the restoration. Features four 2br/1ba and one 1br/1ba apartment unit modern restored with everything needed to achieve maximum rents. Easy to self-manage and great tenants since restoration completed! Great east location near everything! All leases are annual unfurnished. ~7.0%+ cap rate at full ask price! Potential Easy to self-manage and great tenants since restoration completed! Great east location near beaches, downtown Pompano, retail shops, I-95 and much more. Seller Financing Options Available!
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,439,330 CAD | Building Class | C |
| Price Per Unit | $287,866 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 3,269 SF |
| Cap Rate | 7.82% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1985/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.84/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | RM-20 - Multifamily | ||
| Price | $1,439,330 CAD |
| Price Per Unit | $287,866 CAD |
| Sale Type | Investment |
| Cap Rate | 7.82% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,269 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2022 |
| Parking Ratio | 1.84/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM-20 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Granite Countertops
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,673 CAD | - |
| 1+1 | 1 | $2,365 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 48-42-35-53-0020 | Total Assessment | $1,140,918 CAD |
| Land Assessment | $80,676 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,060,241 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
48-42-35-53-0020
Land Assessment
$80,676 CAD
Improvements Assessment
$1,060,241 CAD
Total Assessment
$1,140,918 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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1109 NW 6th Ave
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