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5721 NW 28th St
Lauderhill, FL 33313
Lauderhill Triplex Portfolio · Multifamily Property For Sale
Investment Highlights
- Fully Occupied
- Fully Renovated
Executive Summary
A standout multifamily investment opportunity in the heart of Lauderhill, this fully occupied portfolio of four triplexes delivers immediate cash flow with strong upside potential. This well-maintained asset consists of 12 spacious units, all currently leased, providing stable and consistent income from day one. Each property has been thoughtfully upgraded, featuring renovated interiors, impact windows throughout, and brand-new roofs across all buildings, minimizing near-term capital expenditures and ensuring long-term durability.
The portfolio is currently operating with rents below market value, offering significant upside potential. This presents an ideal opportunity for investors seeking to increase returns through strategic rent adjustments or by capitalizing on Section 8 housing programs, where approved rental rates in the area exceed current in-place rents.
With strong existing tenancy, value-add potential, and major capital improvements already completed, this portfolio is perfectly positioned for both seasoned investors and those looking to expand into a high-demand rental market.
The portfolio is currently operating with rents below market value, offering significant upside potential. This presents an ideal opportunity for investors seeking to increase returns through strategic rent adjustments or by capitalizing on Section 8 housing programs, where approved rental rates in the area exceed current in-place rents.
With strong existing tenancy, value-add potential, and major capital improvements already completed, this portfolio is perfectly positioned for both seasoned investors and those looking to expand into a high-demand rental market.
Property Facts
| Price / SF | $321.44 CAD / SF | Number of Properties | 4 |
| Cap Rate | 6.50% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 17,658 SF |
| Status | Active | Total Land Area | 0.74 AC |
| Price / SF | $321.44 CAD / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 17,658 SF |
| Total Land Area | 0.74 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5701 NW 28th St, Fort Lauderdale, FL 33313 | Multifamily | 6,858 SF | 1973 | - |
| 5721 NW 28th St, Lauderhill, FL 33313 | Multifamily | 3,600 SF | 1963 | - |
| 2770 NW 58th Ter, Lauderhill, FL 33313 | Multifamily | 3,600 SF | 1972 | - |
| 5711 NW 28th St, Lauderhill, FL 33313 | Multifamily | 3,600 SF | 1972 | - |
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