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3204 SE 10th St
Pompano Beach, FL 33062
Asking Price
$3.45M
Cap Rate
8.22%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 10 Units | $345,000/unit <ul><li>10-Unit Waterfront Property With Direct Ocean Access And ~90 Feet Of Dockage</li><li>All Units are Large 1 Bedroom/1 Bathroom Floor Plans with Full Kitchens and Balcony/Patio Space</li><li>Barrier Island Location East Of The Intracoastal Near The Pier And Beachfront Redevelopment</li><li>Concrete Block Construction With Impact Windows Throughout</li><li>On-Site Pool, Laundry Facility, Office and Storage Space</li></ul>
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NOI
$80,000
Cap Rate
2.32%
DSCR
0.39
Underwater
Cash-on-Cash
-12.06%
Monthly Payment
$17,068.718
Annual Cash Flow
$-124,824.611
