Log In/Sign Up
Your email has been sent.
4610 Hairland Dr, West Palm Beach 4610 Hairland Dr 1 Unit Apartment Building $1,106,000 CAD ($1,106,000 CAD/Unit) 4.55% Cap Rate West Palm Beach, FL 33415
INVESTMENT HIGHLIGHTS
- Central A/C in all units for tenant comfort and higher rental appeal.
- Each unit has a washer and dryer hookup.
- Separate water and electric meters for each unit, offering simplified management and reduced operating costs.
- Prime location near S. Military Trail and Forest Hill Blvd, surrounded by supermarkets, restaurants, and retail stores.
EXECUTIVE SUMMARY
This is an exceptional opportunity to acquire a fully leased triplex featuring two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The property offers peace of mind with a roof that is only three years old and central air conditioning in every unit. Each unit also has separate water and electric meters, providing easy management and lower operating costs. Ideally located just off S. Military Trail and Forest Hill Blvd, the property is surrounded by supermarkets, restaurants, and retail centers, ensuring consistent tenant demand and long-term value for investors.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$68,019
|
$27.23
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$68,019
|
$27.23
|
| Taxes |
$9,353
|
$3.74
|
| Operating Expenses |
$8,295
|
$3.32
|
| Total Expenses |
$17,648
|
$7.06
|
| Net Operating Income |
$50,371
|
$20.16
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $68,019 |
| Annual Per SF | $27.23 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $68,019 |
| Annual Per SF | $27.23 |
| Taxes (CAD) | |
|---|---|
| Annual | $9,353 |
| Annual Per SF | $3.74 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,295 |
| Annual Per SF | $3.32 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,648 |
| Annual Per SF | $7.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $50,371 |
| Annual Per SF | $20.16 |
PROPERTY FACTS
| Price | $1,106,000 CAD | Building Class | C |
| Price Per Unit | $1,106,000 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 2,498 SF |
| Cap Rate | 4.55% | Average Occupancy | 100% |
| No. Units | 1 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 2.4/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $1,106,000 CAD |
| Price Per Unit | $1,106,000 CAD |
| Sale Type | Investment |
| Cap Rate | 4.55% |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 2,498 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1975 |
| Parking Ratio | 2.4/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Pet Play Area
- Bicycle Storage
- Zen Garden
- Walk-Up
- Smoke Detector
1 1
1 of 22
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4610 Hairland Dr, West Palm Beach | 4610 Hairland Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.