5210 NW 16th St

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5210 NW 16th St

Lauderhill, FL 33313
Asking Price
$760K
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 sale in Lauderhill.
  • Property is listed with an asking price of $759,995.
  • Located at 5210 NW 16th St in Broward County.
  • Positioned within a growing suburban area of South Florida.
  • Asset serves as a residential investment for rental operations.

What's Special

Priced at $759,995, this multifamily apartment building provides a clear investment entry point in Lauderhill, Florida. The asset serves as a functional addition to a portfolio, positioned within a suburban market in the Broward County region. Lauderhill benefits from its proximity to major transportation arteries and the economic activity of the greater Fort Lauderdale area, which continues to see steady demand for residential rentals. Investors focused on value-add strategies or stable income generation will find this property well-situated to serve local housing needs. The building offers a straightforward configuration for managing multi-family operations in an established residential corridor. Given the regional population growth and the consistent demand for apartment inventory, this site is suited for long-term hold strategies. Prospective buyers should consider the utility of this residential structure within the current competitive landscape of the South Florida housing market.

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NOI
$80,000
Cap Rate
10.53%
DSCR
1.77
Strong
Cash-on-Cash
15.30%
Monthly Payment
$3,760.041
Annual Cash Flow
$34,879.513

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