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BULK CONDO PORTFOLIO OF 5 UNITS 5 Flex Condos Offered at $1,451,520 CAD in Miramar, FL
Investment Highlights
- Six units with two bedrooms, two bathrooms, and a washer and dryer inside the unit.
Executive Summary
Excellent investment opportunity!
5-unit condo portfolio sale located in highly desirable rental communities in Miramar, including 2 units at Lakeshore at University Park and 3 units at Miramar Club. All units feature 2 bedrooms and 2 bathrooms and are well maintained. Properties offer a variety of recent upgrades including brand-new kitchens, remodeled kitchens with updated plumbing, kitchen refacing, new flooring, fresh paint, updated closet doors, new water heater, and in-unit washer and dryer. Some units feature screened balconies and garden views. Each unit includes assigned parking plus ample guest parking. Conveniently located near shopping centers, schools, major roadways, public transportation, and the Turnpike.
This portfolio is ideal for investors seeking stable annual rental income in established, high-demand rental communities with strong long-term occupancy potential. The portfolio currently generates approximately $120,000 in gross annual rental income with an estimated NOI of $78,000 annually. Excellent opportunity to secure consistent cash flow and long-term returns. Seller motivated!
5-unit condo portfolio sale located in highly desirable rental communities in Miramar, including 2 units at Lakeshore at University Park and 3 units at Miramar Club. All units feature 2 bedrooms and 2 bathrooms and are well maintained. Properties offer a variety of recent upgrades including brand-new kitchens, remodeled kitchens with updated plumbing, kitchen refacing, new flooring, fresh paint, updated closet doors, new water heater, and in-unit washer and dryer. Some units feature screened balconies and garden views. Each unit includes assigned parking plus ample guest parking. Conveniently located near shopping centers, schools, major roadways, public transportation, and the Turnpike.
This portfolio is ideal for investors seeking stable annual rental income in established, high-demand rental communities with strong long-term occupancy potential. The portfolio currently generates approximately $120,000 in gross annual rental income with an estimated NOI of $78,000 annually. Excellent opportunity to secure consistent cash flow and long-term returns. Seller motivated!
Property Facts
| Price | $1,451,520 CAD | Status | Active |
| Price / SF | $351.97 CAD / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.43% | Total Building Size | 4,124 SF |
| Sale Type | Investment |
| Price | $1,451,520 CAD |
| Price / SF | $351.97 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.43% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 4,124 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Lakeshore at University Park
8700 N Sherman Cir, 1st Floor - Unit 108, Miramar, FL 33025 |
Flex Condo | 832 SF | 1983 | - |
|
Lakeshore at University Park
8700 N Sherman Cir, 3rd Floor - Unit 308, Miramar, FL 33025 |
Flex Condo | 832 SF | 1983 | - |
|
Foxcroft Condominiums
3195-3490 Foxcroft Rd, 1st Floor - Unit 107, Miramar, FL 33025 |
Flex Condo | 820 SF | 1985 | - |
|
Foxcroft Condominiums
3195-3490 Foxcroft Rd, 1st Floor - Unit 113, Miramar, FL 33025 |
Flex Condo | 820 SF | 1985 | - |
|
Foxcroft Condominiums
3195-3490 Foxcroft Rd, Miramar, FL 33025 |
Flex Condo | 820 SF | 1985 | - |
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BULK CONDO PORTFOLIO OF 5 UNITS
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