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Investment Highlights

  • 10 Units Townhomes was Built in 2024

Executive Summary

Great income play. New units, require very little maintenance.
Attractive cap rate with room to grow
Flexibly deeded as individual units
Total control
Great location
Owner/Agent

Financial Summary (Actual - 2025) 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 (Actual - 2025) 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 $7,248,184 CAD
Price Per Unit $724,818 CAD
Sale Type Investment
Cap Rate 5.10%
Sale Condition 1031 Exchange
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.93 AC
Building Size 17,540 SF
Average Occupancy 100%
No. Stories 2
Year Built 2024
Parking Ratio 2/1,000 SF
Zoning RM—RESIDENTIAL MULTI-FAMI - RM—RESIDENTIAL MULTI-FAMILY (70-PALM SPRINGS)

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 10 - -
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
  • Listing ID: 40320315

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 3871 Patio Ct, Lake Worth, FL 33461

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