flyer firstaveapts franklinstreet - loopnet...• well-maintained, 100% occupied asset with strong...
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PROPERTY HIGHLIGHTS• Centrally Located With Direct Access to Major Transportation
• Close Proximity to Recently Approved Pompano Beach Innovation District
• Well-Maintained, 100% Occupied Asset With Strong Income Day One
• Unit Mix Consisting of Large One and Two Bedroom Units
• Modest Value-Add Opportunity With Nearly 10% in Rental Increases
JUST REDUCED!FIRST AVE APARTMENTS
18 UNITS | 11,300 SF MULTIFAMILY PROPERTY
New Listings Posted Daily at FranklinSt.com
3321 NE 1st AvePompano Beach, FL 33064
Price: $2,475,000
Cap Rate: 5.25%
Price PSF: $219.03
Number of Units: 18
Net Operating Income: $129,975.00
Square Feet: 11,300 SF
Land Area: 0.56 Acres
Year Built: 1970
Current Occupancy: 100.0%
Tenancy: Multiple
INTERESTED IN INVESTING?CONTACT OUR TEAM FOR MORE INFORMATION
Dan Dratch AJ Stanford Greg MatusSenior Associate Senior Associate SVP, Investment Sales954.312.1677 954.660.9813 [email protected] [email protected] [email protected]
FRANKLINST.COM
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