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1700 NW 58th Ter 64 Unit Apartment Building For Sale Sunrise, FL 33313
Investment Highlights
- 35 units (54.7%) offered as a bulk portfolio sale of a 64 unit condominium community
- 40-year building recertification complete; new roof recently installed
- Average in-place rent of $2,250/unit/month ($27,000/unit annually)
- 100% occupied at time of offering-immediate, in-place income
- All offered units are 2 Bed/ 2 Bath
- HOA reserve fund of approximately $150,000 supporting financial stability
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 64 | Lot Size | 2.78 AC |
| Property Type | Multifamily | Building Size | 70,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1974 |
| Zoning | RM-25 - Multifamily/Residential | ||
| Sale Type | Investment |
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 2.78 AC |
| Building Size | 70,000 SF |
| No. Stories | 4 |
| Year Built | 1974 |
| Zoning | RM-25 - Multifamily/Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 64 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,924,611 CAD | |
| Land Assessment | $213,807 CAD | Total Assessment | $2,748,672 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$213,807 CAD
Improvements Assessment
$1,924,611 CAD
Total Assessment
$2,748,672 CAD
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1700 NW 58th Ter
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