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311 N 16TH ST
FORT PIERCE, FL 34950-6828
Asking Price
$1.70M
Cap Rate
9.07%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Turnkey 6 Unit Multifamily Portfolio | New Construction | 9.35% CAP <p></p><p><strong style="color: rgba(0, 0, 0, 1)">High-Yield New Construction (~9.35% Cap Rate)</strong></p><p><span style="color: rgba(0, 0, 0, 1)">Achieve strong in-place returns rarely seen in new construction assets, combining modern product with immediate cash flow.</span></p><p><strong style="color: rgba(0, 0, 0, 1)">6-Unit Scalable Portfolio (Single Acquisition)</strong></p><p><span style="color: rgba(0, 0, 0, 1)">Acquire six 3BR/2BA units across three duplexes in one transaction—ideal fo
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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.668
Annual Cash Flow
$-20,928.01
