7490 10Th Ct North Lauderdale, FL 33068
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 7490 10Th Ct
- Year built
- 1981
- Property type
- Commercial real estate
Description
This exceptional multifamily investment opportunity is located in North Lauderdale, Florida, at 7490 and 7480 SW 10th Ct, zip code 33068. The property consists of two buildings, totaling eight units. Four units boast four bedrooms and two bathrooms each, while the remaining four units offer three bedrooms and two bathrooms each. Built in 1981, this Class B property is currently generating a steady income stream with a 7% capitalization rate. Recent improvements include a new roof and updated electrical systems. All units have been recently renovated, ensuring a high-quality rental experience for tenants. The asking price for this income-producing asset is $3,000,000. This presents a compelling opportunity for investors seeking a stable, high-return investment in a desirable Florida location. The property is situated in Broward County and offers easy access to local amenities and transportation. This is a turnkey investment ready for immediate income generation. Detailed financial information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.225
- Latitude
- 26.2153
