805 S H St Lake Worth, FL 33460
Sixteen-unit multifamily property in Lake Worth with upside potential.
- Added:
- Mar 10, 2026
- Days on Market:
- 127
- Last Refresh:
- Jul 2 at 8:40 am
Property Features for 805 S H St
General Information
- Standard status
- Active
- Size
- 13,068 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing office Bawons Properties
Listing date Mar 10, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bawons Properties
Investment Insights
Based on property information with market context.
Key Highlights
- Four concrete block quadplexes (16 units) in a tenant‑magnet location.
- New roofs and central A/C systems already installed, reducing capital risk.
- Individually metered utilities (tenants pay for water and electric).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $329.3k | $25.20 |
| − Vacancy | −$18.1k | −$1.39 |
| EGI | $311.2k | $23.81 |
| − OpEx | −$93.4k | −$7.14 |
| NOI | $217.8k | $16.67 |
