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    FOR SALE
    Apartment buildings

    4381 Purdy Ln West Palm Beach, FL 33406

    Built 1963
    Property ID
    US18-1637000
    4381 Purdy Ln, West Palm Beach, FL 33406 For Sale 1 / 48
    $750,000
    4381 Purdy Ln, West Palm Beach, FL 33406
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    AI-generated overview

    This exceptional three-unit apartment building in West Palm Beach, Florida, presents a compelling investment opportunity. Located at 4381 Purdy Ln, 33406, this Class B property boasts a strong 7.00% capitalization rate, making it an attractive addition to any portfolio. Built in 1963, the single-story building has undergone a complete renovation, resulting in three completely independent residential units, each featuring a modern kitchen and updated bathroom. All units are currently rented, providing immediate cash flow. The property's central location in Palm Beach County offers residents convenient access to urban amenities. This turnkey investment is ideal for those seeking a profitable and low-maintenance property with immediate rental income. The asking price is $875,000. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. Don't miss out on this chance to secure a strong return on investment.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1963
    UPID US18-1637000
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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