Versailles Gardens 7910 N Colony Cir N Tamarac, FL 33321
Overview
- Status: Closed
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 949 ft2/88.16 m2
- Price Per: $816.65 ft2/$8,790.34 m2
- Type: Multifamily
- Built: 1975
- HOA: $509.00/MO
- MLS Number: A11543690
- View No info
- On Site: 78 days
- Updated: Listing Refreshed: 13 Hours Ago
**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 05/21/2024 | Sold | $725,000.00 | 6.5% | $763.96 ft2/$8,223.22 m2 |
| 04/09/2024 | Price Reduced | $775,000.00 | 20.5% | $816.65 ft2/$8,790.34 m2 |
| 03/04/2024 | Listed | $975,000.00 | $1,027.40 ft2/$11,058.82 m2 |
Contact Information
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