Property summary
This exceptional investment opportunity presents a fully occupied portfolio of thirteen single-family rental homes, strategically located across desirable areas of Broward County, Florida, including Fort Lauderdale, Deerfield Beach, West Park, and one in Miami-Dade County. The portfolio boasts a total of 15,146 square feet, with an impressive asking price of $6,056,900, translating to a price per square foot of $399.90 and a compelling cap rate of 5.14%. Individual unit prices average $465,915.38. The properties are classified as Class B and offer a mix of lease agreements, including several yearly leases and one month-to-month tenancy, ensuring consistent cash flow. The Fort Lauderdale properties benefit from proximity to key attractions such as Las Olas Boulevard, Fort Lauderdale International Airport, and I-95, enhancing their rental appeal and potential for future appreciation. This portfolio represents a rare opportunity to acquire a diversified, high-performing rental asset in a dynamic South Florida market with strong rental demand and significant growth potential. The portfolio's location in established neighborhoods provides stability and minimizes vacancy risks. This is an ideal investment for those seeking immediate income generation and long-term capital appreciation in a thriving real estate market. The diverse locations within the portfolio offer a degree of risk mitigation, while the overall strong performance suggests a promising return on investment.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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