Highlights
• Exceptional opportunity to acquire a highly stable apartment community in the heart of Broward County • Current ownership has completed significant capital improvements throughout the property • All apartments are equipped with central air conditioning and heating • Attractive mix of one-, two-, and three-bedroom units • Value-add opportunity to reconfigure 19 existing two-bedroom/two-bath units into three-bedroom/two-bath layouts • Washer and dryer included in select residences • Fully turnkey investment opportunity • 40/10-year recertification successfully completed in 2023 • Renovated kitchens and bathrooms throughout select units • Roof replacement completed in 2019
Listing Details
- Cap Rate
6.34%
- Space Type
multifamily
- Sub Category
apartments-building
- Date Listed
5/15/2026
- Net Operating Income
$627,462
Property Specifics
- Property Name
5850-5890 Northwest 17th Place | Lakeside Manor
- No of Buildings
4
- No of Units
42
- Year Built
1972
- Building Size
44,390 SF
- Lot Size
2.18 Ac
- Occupancy
100%
Property Amenities
Unit Amenities
Central Heating
High Ceilings
Kitchen
Washer/Dryer or Laundry Services

