Map
Listed price in listed location currency (USD).
$550,000

004

MLS® B26092561

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 3296 sqft
Garage 
Taxes $8,146
Days Active 1
Lot Size 
Approx. Age 1981
Avg. Price Per Sqft $166
MLS® Number B26092561

Property Address: d-2737 Emory Drive W, West Palm Beach, FL, 33415

Average square foot calculated using Size range provided by listing agent.

Description

7.7% Cap Rate, $42, 765 NOI. Acquire a self-managed, fully leased 4-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (1) 2bed/1.5bath, (1) 2bed/1bath, (2)1bed/1.5bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $12, 150 transfer. This structure consolidates 4 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. 15 Valencia A, Delray Beach, FL 33446 3561 Long Pine Ct, Unit A2, Greenacres, FL 33463 5831 Whispering Pine Way, Unit A1, Greenacres, FL 33463 2737 Emory Dr E, Unit D, West Palm Beach, FL 33415 A membership-interest transfer may have different property tax implications than a deed transfer*
MLS® NumberB26092561
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1981
Basement
Driveway
Garage Spaces
HeatCentral
A/CCentral Air

Extras

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