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430-440 NW 41 Street,  Oakland Park FL, 33309

(Active)
$1,125,000
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MLS# H10737873
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Last Updated: 9/18/2019 9:33 PM
Description for 430-440 NW 41 Street Oakland Park, FL 33309
The two-story subject property consists a significant value add component. Rents are approximately 25% undervalued according to third-party evidence as illustrated in a rent survey. Current PGI $102,960. Stabilized PGI = $129,600. Each unit is approximately 800 ft.² with Wall Unit A/C. Parking is ample. The property supports a stabilized ROI of 9.4% based on list price with the taxes stepped up to reflect the asking price. *** Download the Offer Memorandum attached to the MLS***
Price
$1,125,000
Broward County
H10737873
Active
Description
The two-story subject property consists a significant value add component. Rents are approximately 25% undervalued according to third-party evidence as illustrated in a rent survey. Current PGI $102,960. Stabilized PGI = $129,600. Each unit is approximately 800 ft.² with Wall Unit A/C. Parking is ample. The property supports a stabilized ROI of 9.4% based on list price with the taxes stepped up to reflect the asking price. *** Download the Offer Memorandum attached to the MLS***
Listing Information
Property Type: Multi-Family, 2 Story
14,585 Acres 1968 2
Block,Brick
Public
Public Sewer
1 Total
Neighborhood
Room Information
Interior Features
Central Air
Electric Heating, Central
Exterior / Lot Features
0 Covered Parking Spaces,
Brick, Block
Shingle
Financial Considerations
$12,986
Cash,Conventional
Listing Price History

Oakland Park Real Estate

Oakland Park is located in Florida. Oakland Park, Florida 33309 has a population of 42,338.

The median household income in Oakland Park, Florida 33309 is $41,249. The median household income for the surrounding county is $48,882 compared to the national median of $49,877. The median age of people living in Oakland Park 33309 is 41 years.

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Courtesy: Media Realty
The information being provided on this website is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of data on this site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate for sale on this web site comes in part from the IDX Program of the MLS service of the South Broward Board of REALTORS®. Real estate listings held by brokerage firms other than the owner of this site. are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Copyright 2019, South Broward Board of REALTORS®. All rights reserved.
This content last refreshed on 9/18/2019 9:33 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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