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5850-5890 Northwest 17th Place | Lakeside Manor
5850-5890 NW 17th Pl, Sunrise, FL 33313
Available Now
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FOR SALEMultifamily / Apartments Building
Cap Rate
6.34%
NOI
$627,462
Building Size
44,390SF
Lot Size
2.18Ac
Year Built
1972
Occupancy
100%
Listing Contacts
More property details
Currently Leased
No
No of Buildings
4
Units
42
Features & amenities
Unit Amenities
Kitchen
High Ceilings
Central Heating
Washer/Dryer or Laundry Services
Location
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5850-5890 Northwest 17th Place | Lakeside Manor
Location 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