5200 NW 16th St

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5200 NW 16th St

Lauderhill, FL 33313
Asking Price
$755K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Lauderhill
  • Asset located at 5200 NW 16th St in Florida
  • Asking price for the residential property is 755,000 dollars
  • Strategically positioned within the Fort Lauderdale metropolitan area
  • Suitable investment opportunity for established multifamily portfolio holders

What's Special

Lauderhill serves as a well-connected residential hub within the broader Fort Lauderdale metropolitan area, characterized by its accessibility and proximity to major regional infrastructure. This apartment building at 5200 NW 16th St represents an asset within this steady Florida submarket, offering a presence in a region defined by consistent population growth and demand for rental housing. Investors evaluating the property will find a scale suitable for portfolio diversification or local management strategies. Given the density and residential nature of the Lauderhill corridor, this multifamily asset is positioned for consistent occupancy within the existing market landscape. The property provides a straightforward acquisition for those looking to engage with the South Florida rental sector, where proximity to transit routes and employment centers remains a primary driver for tenant retention. Its current configuration allows for a functional investment approach in a market that continues to experience active demand for multifamily inventory.

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NOI
$80,000
Cap Rate
10.60%
DSCR
1.78
Strong
Cash-on-Cash
15.53%
Monthly Payment
$3,735.328
Annual Cash Flow
$35,176.063

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