Sale

VERSAILLES GARDENS CONDO

7910 N Colony Cir N, Tamarac FL 33321

$775,000

  • Share:
  • Bedrooms: -
  • Status: -
  • Bathrooms: -
  • Square: 949 m²
  • Floors: -
  • Category: -
  • Property type: -
  • Sub property type: -
  • Garage space: -
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA

7910 N Colony Cir N, Tamarac FL 33321,