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FAITS SAILLANTS DE L'INVESTISSEMENT
- Opportunity to Acquire 3 Fully Occupied, Value-Add Multifamily Asset in Rapidly Growing West Palm Beac
- CAPEX Include: Updated Kitchens, Flooring, Bathrooms, Electrical Panels, Hot Water Heaters, Parking Resurfacing, Painted Weather Sealed
- Potential Opportunity for an Assumable interest-only loan of $1.718M at a 4.67% interest rate, with approximately 7 years remaining
- Property Has Been Owned and Operated by Current Owner for Over 7 Years
- Diverse Unit Mix and Spacious Units Consisting Of (3) Studios, (5) 1 Bed 1 Bath, (12) 2 Bed 1 Bath, (1) 3 Bed 1 Bath
- Located East Of I-95 Just South of Palm Beach Lakes Blvd and Okeechobee Blvd Providing Easy Access to Downtown West Palm Beach.
RÉSUMÉ DE L'ANNONCE
Discover an exceptional investment opportunity at Tamarind Apartments, a multi-family gem in the sought-after West Palm Beach area. This impressive 15,477 SF portfolio, spanning 3 properties on a combined 0.48 acres and featuring 21 + 1 Non Conforming unit, perfectly positioned for investors seeking a prime addition to their portfolio. Built
with historic charm and zoned NWD 5 + NWD 1, this property presents a blend of timeless character and modern potential. With 100% occupancy, this investment promises
immediate returns and long-term growth potential.
The property's strong occupancy rate reflects its desirability and stability in the market, offering investors a secure and lucrative opportunity. The well-maintained buildings and their attractive unit layouts make it an appealing choice for multifamily/low-rise/garden investors looking to maximize their investment in the flourishing West Palm Beach real estate market.
In addition to its impressive occupancy rate and prime location, the property's historical significance and unique character contribute to its allure. The timeless architectural
features and well-maintained structures create a sense of enduring value, making it an attractive investment for those seeking a property with a rich heritage and enduring.
with historic charm and zoned NWD 5 + NWD 1, this property presents a blend of timeless character and modern potential. With 100% occupancy, this investment promises
immediate returns and long-term growth potential.
The property's strong occupancy rate reflects its desirability and stability in the market, offering investors a secure and lucrative opportunity. The well-maintained buildings and their attractive unit layouts make it an appealing choice for multifamily/low-rise/garden investors looking to maximize their investment in the flourishing West Palm Beach real estate market.
In addition to its impressive occupancy rate and prime location, the property's historical significance and unique character contribute to its allure. The timeless architectural
features and well-maintained structures create a sense of enduring value, making it an attractive investment for those seeking a property with a rich heritage and enduring.
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 256 882 $ CAD | Nombre de propriétés | 3 |
| Prix/pi² | 201,83 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 6,02% | Taille totale du bâtiment | 26 046 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,48 AC |
| Statut | Actif |
| Prix | 5 256 882 $ CAD |
| Prix/pi² | 201,83 $ CAD / pi² |
| Taux de capitalisation | 6,02% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 3 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 26 046 pi² |
| Superficie totale du terrain | 0,48 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
|
Princeton Apartments 22 units
919 6th St, West Palm Beach, FL 33401 |
Immeuble residentiel | 15 177 pi² | 1964 | - |
| 700 Tamarind Ave, West Palm Beach, FL 33401 | Immeuble residentiel | 7 464 pi² | 1952 | - |
| 925 6th St, West Palm Beach, FL 33401 | Immeuble residentiel | 3 405 pi² | 1964 | - |
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Tamarind Apartments
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