Subdivision: Versailles Gardens Condo
7910 N Colony Cir N,
Tamarac, Florida 33321 $975,000
Studio | Sq.Ft: 949 | PPSF: $1,027.40 | Type: Multifamily |
Versailles Gardens: **6.9% CAP RATE** Introducing a 5 Unit Bulk Condo Portfolio Sale in Versailles Gardens Condominium in Tamarac. 4 are 2/2's and 1 is a 1/1.5 All units are rented to LONG-TERM tenants on annual leases and all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $64,056 per year, Gross Rent Roll- $122,712/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!). Also have 9 other condos in another community that can be sold