115 Northeast 9th Street

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115 Northeast 9th Street

Pompano Beach, FL 33060
Asking Price
$2.35M
Cap Rate
8.32%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Parkside Studios - Turn-Key 16-plex and Fully Renovated <p><u style="color: rgba(6, 34, 57, 1)">115 NE 9</u><sup style="color: rgba(6, 34, 57, 1)"><u>th</u></sup><u style="color: rgba(6, 34, 57, 1)"> Street Pompano Beach, FL 33060</u></p><p></p><p><strong style="color: rgba(6, 34, 57, 1)">Seller Financing is <em><u>NOT </u></em>being offered.</strong></p><p></p><p><span style="color: rgba(6, 34, 57, 1)">Turn-key, Fully Updated, Well Maintained with HUGE Cash-Flow 16-unit multifamily.</span></p><p><span style="color: rgba(6, 34, 57, 1)">Fully renovate

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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214

Location & Travel Times