Eric Miller
Cell: 954-383-8170
7910 N Colony Cir N, Tamarac
$775,000
0 Bed
0 Bath
949 Sqft
0 Acre
0 Garage
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA
Essential Information
MLS® #A11543690
Price$775,000
Bathrooms0.00
Square Footage949
Acres0.00
Year Built1975
TypeResidential Income
Sub-TypeQuadruplex
StyleFourplex
StatusPending
Community Information
Address7910 N Colony Cir N
Area3830
SubdivisionVERSAILLES GARDENS CONDO
CityTamarac
CountyBroward County
StateFL
Zip Code33321-8315
Amenities
UtilitiesCable Not Available
Interior
InteriorTile
HeatingCentral
CoolingCentral Air
# of Stories2
StoriesTwo
Exterior
RoofShingle
ConstructionBlock
Additional Information
Date ListedMarch 4th, 2024
Days on Market51
HOA Fees509
HOA Fees Freq.Monthly
Listing Courtesy of
Cutting Edge Investments & Realty Inc
LISTING MAP
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