$1,520,000

For sale

2779 EMORY Drive W #E, West Palm Beach FL 33415

Built 1981MLS# B26092549

Email to a friend

Email this property to a friend

By submitting you agree to be contacted about your request. Privacy policy

About this property

6.9% Cap Rate, $105,072 NOI. Acquire a self-managed, fully leased 10-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 2bed/2bath,(2) 2bed/1bath, (1)1bed/2bath & (5) 1bed/1bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $29,440 transfer. This structure consolidates 10 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. Unit addresses: 401 Pine Glenn Lane B1, Greenacres, FL 33463 5800 Whispering Pine Way D2, Greenacres, FL 33463 5961 Whispering Pine Way A1, Greenacres,FL 33463 2779 Emory Drive E, Unit E, West Palm Beach, FL 33415 2907 W Ashley Drive A, West Palm Beach, FL 33415 5960 Whispering Pine Way C-2, Greenacres, FL 33463 2837 Ashley Drive W D, West Palm Beach, FL 33415 214 Lake Frances Drive, West Palm Beach, FL 33411 414 Pine Glen Lane C-2, Greenacres, FL 33463 327 Knotty Pine Circle A-1, Greenacres, FL 33463 A membership-interest transfer may have different property tax implications than a deed transfer*

Property details

Property type
Other
Year built
1981
Property taxes
$20,601/yr
Status
For sale
MLS #
B26092549

Listing courtesy of Real - ativity.

Location

Similar properties

Photo of 414 PINE GLEN #C-2 FL 33463 For sale
$1,520,000

414 PINE GLEN #C-2

414 PINE GLEN #C-2 FL 33463
Multi-family
MLS# B26092544 · Listing courtesy of Real - ativity
Photo of 3400 N FEDERAL Highway, Lighthouse Point FL 33064 For sale
$1,500,000

3400 N FEDERAL Highway

3400 N FEDERAL Highway, Lighthouse Point FL 33064
Other
MLS# B26088594 · Listing courtesy of Coldwell Banker/BR
Photo of 17180 60TH Lane N FL 33470 For sale
$1,499,900

Loxahatchee

17180 60TH Lane N FL 33470
4 bd · 4 ba · 3,842 sq ft
MLS# B26089933 · Listing courtesy of EXP Realty LLC