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Investment Highlights
- Strong Locations with Easy Access to I-95
- 28 Two Bedroom Apartments and 24 Units Individually Metered for Water and Electric
- 32 CBS Apartments with New Roof and New Central AC System
Executive Summary
Rare 32-Unit CBS Apartment Portfolio — Individually Metered, Renovated, and Centrally Located in Lake Worth!
An exceptional opportunity to acquire a 32-unit concrete block (CBS) apartment portfolio across three nearby properties, all located just blocks from each other in one of Lake Worth’s most desirable tenant-magnet neighborhoods.
This well-positioned portfolio features:
28 spacious 2-bedroom units
4 one-bedroom units
New roofs and central A/C systems
Recent permitted capital improvements
24 units individually metered for water and electric — minimizing landlord utility exposure
With strong in-place fundamentals and infrastructure upgrades already completed, this is a turnkey yet value-add opportunity for a skilled operator to further optimize rents and operations.
Strategically located with easy access to I-95 via 6th Avenue, the properties offer tenants seamless connectivity to:
Downtown Lake Worth & surrounding employment hubs
Major hospitals and healthcare centers
Local schools and parks
Beautiful Palm Beach County beaches
Situated in a high-demand rental corridor with consistent tenant demand, this portfolio provides stable income, operational efficiency, and long-term appreciation potential.
Whether you’re looking to scale your multifamily holdings or acquire a clustered asset with strong upside, this offering checks all the boxes.
A rare chance to own a well-maintained, centrally located 32-unit portfolio in one of Palm Beach County’s most resilient rental markets—don’t miss it!
An exceptional opportunity to acquire a 32-unit concrete block (CBS) apartment portfolio across three nearby properties, all located just blocks from each other in one of Lake Worth’s most desirable tenant-magnet neighborhoods.
This well-positioned portfolio features:
28 spacious 2-bedroom units
4 one-bedroom units
New roofs and central A/C systems
Recent permitted capital improvements
24 units individually metered for water and electric — minimizing landlord utility exposure
With strong in-place fundamentals and infrastructure upgrades already completed, this is a turnkey yet value-add opportunity for a skilled operator to further optimize rents and operations.
Strategically located with easy access to I-95 via 6th Avenue, the properties offer tenants seamless connectivity to:
Downtown Lake Worth & surrounding employment hubs
Major hospitals and healthcare centers
Local schools and parks
Beautiful Palm Beach County beaches
Situated in a high-demand rental corridor with consistent tenant demand, this portfolio provides stable income, operational efficiency, and long-term appreciation potential.
Whether you’re looking to scale your multifamily holdings or acquire a clustered asset with strong upside, this offering checks all the boxes.
A rare chance to own a well-maintained, centrally located 32-unit portfolio in one of Palm Beach County’s most resilient rental markets—don’t miss it!
Property Facts
| Price | $10,202,158 CAD | Number of Properties | 6 |
| Price / SF | $371.61 CAD / SF | Individually For Sale | 3 |
| Cap Rate | 6% | Total Building Size | 27,454 SF |
| Sale Type | Investment | Total Land Area | 1.66 AC |
| Status | Active |
| Price | $10,202,158 CAD |
| Price / SF | $371.61 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 3 |
| Total Building Size | 27,454 SF |
| Total Land Area | 1.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 712-714 S F St, Lake Worth, FL 33460 | Multifamily | 7,789 SF | 1973 | $2,619,473 CAD |
| 927 S Pine St, Lake Worth, FL 33460 | Multifamily | 6,600 SF | 1974 | $2,343,739 CAD |
| 821 S H St, Lake Worth, FL 33460 | Multifamily | 3,267 SF | 1971 | $5,238,946 CAD |
| 817 S H St, Lake Worth, FL 33460 | Multifamily | 3,267 SF | 1971 | - |
| 805 S H St, Lake Worth, FL 33460 | Multifamily | 3,267 SF | 1970 | - |
| 809 S H St, Lake Worth, FL 33460 | Multifamily | 3,264 SF | 1970 | - |
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32 Unit Portfolio on 6th Ave
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