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7910 N Colony Cir Tamarac, FL 33321

$975,000 - For Sale - $1,027 per sf
Quadruplex, Studio, 0 Bath, 949 sf

**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

For more information, view this virtual tour.
Listing courtesy of:
Mitchell Lvovsky
Cutting Edge Investments & Realty, Inc
License: 3256718
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$975,000 For Sale

MLS #: A11543690
Status: Active
Type: Residential - Quadruplex

Home Attributes
Interior
Floor Coverings: Tile
Other
Heating System: Central Furnace; Cooling System: Central A/C; Exterior Types: Block; Roof Types: Composition Shingle
Presented by: Mitchell Lvovsky Cutting Edge Investments & Realty Inc (954) 547-1962 Id: Listhub_3yd-MAORFL-A11543690
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