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5701 NW 15th St , Lauderhill, FL, 33313

5701 NW 15th St
$650,000

Key Information

Cap Rate
6.08%
$ per SF
$287
Tot. SF
2,260
Lot Size
0.16 Acres
$ per unit
$216,667
Units
3
Year Built
1970
Type
Apartments
Occupancy
100%

Highlights

  • Fully occupied triplex providing immediate in-place cash flow.
  • Strong rent upside with market rents supporting optimistic valuation.
  • Individually metered units for efficient expense management.
  • Low-density asset ideal for small investors and 1031 exchange buyers.
  • Favorable operating profile with the ability to push rents on turnover.
  • Located in a stable Broward County rental submarket with consistent demand.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435(FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203