Description
Native Realty is proud to present this 6-unit multifamily property in east FTL's South Middle River neighborhood. The neighborhood is geographically located east of Powerline Rd (NW 9th Ave), north of Sunrise Blvd., west of Andrews Avenue & south of the City of Wilton Manors. The property is professionally managed with 100% occupancy & strong cash flow. Investors could benefit from a value-add by bringing rents up to market rate ($1000/m to $1200/m) and future plans to rezone the neighborhood and surrounding area make it attractive exit strategy for developers. Tenants benefit from easy access to all major roads (95, 595, Turnpike), downtown FTL, Wilton Manors, the beaches, Port Everglades & FTL Int'l Airport. This area is the next major area of growth near downtown FTL. Don't miss out!
School Ratings & Info
Description
Native Realty is proud to present this 6-unit multifamily property in east FTL's South Middle River neighborhood. The neighborhood is geographically located east of Powerline Rd (NW 9th Ave), north of Sunrise Blvd., west of Andrews Avenue & south of the City of Wilton Manors. The property is professionally managed with 100% occupancy & strong cash flow. Investors could benefit from a value-add by bringing rents up to market rate ($1000/m to $1200/m) and future plans to rezone the neighborhood and surrounding area make it attractive exit strategy for developers. Tenants benefit from easy access to all major roads (95, 595, Turnpike), downtown FTL, Wilton Manors, the beaches, Port Everglades & FTL Int'l Airport. This area is the next major area of growth near downtown FTL. Don't miss out!
Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-03-03T13:45:06.897.