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Highlights

• Exceptional opportunity to acquire a highly stable community located in the heart of Broward County • Significant capital improvements have been completed by current ownership • Entire property consists of spacious three-bedroom, two-bathroom units • Durable concrete roof was replaced in 2022 • All residences feature central air conditioning and heating • Every unit includes an in-unit washer and dryer • Fully turnkey investment opportunity • 40/10-year recertification completed in 2025 • Renovated kitchens and bathrooms throughout the community

Listing Details

  • Cap Rate

    6.9%

  • Space Type

    multifamily

  • Sub Category

    apartments-building

  • Date Listed

    5/15/2026

  • Net Operating Income

    $687,039

Property Specifics

  • Property Name

    5820 Northwest 17th Place | Lakeside Apartments

  • No of Buildings

    1

  • No of Units

    36

  • Year Built

    1975

  • Building Size

    48,278 SF

  • Lot Size

    1.52 Ac

  • Occupancy

    100%

Property Amenities

Unit Amenities

Air Conditioning
Central Heating
Kitchen
Washer/Dryer or Laundry Services