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Multifamily

Sixth Avenue Villas

1119 NW 6th Ave, Pompano Beach, FL 33060

Listing Price: $750,000

Cap Rate
4.66%
Number of Units
5
Occupancy
95.0%
Price/Unit
$150,000
Price/Gross SF
$240.08
Gross SF
3,124

Investment Overview

Marcus & Millichap, as exclusive agent, is proud to present to market the Sixth Avenue Villas. The five unit asset is located in Pompano Beach, Florida. The property has hurricane impact windows throughout and a pitched composite shingle roof. Four of the five units are two bedroom / two bathroom units, with the last unit being an one bedroom / one bathroom unit. The units have wall unit air conditioners and the exterior of the property has recently seen exterior improvements including new landscaping, asphalt parking and paint. Located on Northwest 6th Avenue, the property is situated just west of Interstate-95 between Atlantic Boulevard and Copans Road. The five units total 3,124 square feet and is situated on a 0.22 acre lot. It is located next to Blanche Ely High School. The Sixth Avenue Villas offers an investor the opportunity to purchase five multifamily units with the ability increase rents to market rates to improve cash flow.

Investment Highlights

  • Hurricane Impact Windows Throughout
  • Great Location East of Interstate 95
  • Ability to Increase Rents to Market Rates
  • Four of Five Units Consist of Two Bedroom / One Bathroom Floorplans

Exclusively Listed By

Financing By

Multifamily

Sixth Avenue Villas

Listing Price: $750,000

Cap Rate
4.66%
Number of Units
5
Occupancy
95.0%
Price/Unit
$150,000
Price/Gross SF
$240.08
Gross SF
3,124

Investment Highlights

  • Hurricane Impact Windows Throughout
  • Great Location East of Interstate 95
  • Ability to Increase Rents to Market Rates
  • Four of Five Units Consist of Two Bedroom / One Bathroom Floorplans

Investment Overview

Marcus & Millichap, as exclusive agent, is proud to present to market the Sixth Avenue Villas. The five unit asset is located in Pompano Beach, Florida. The property has hurricane impact windows throughout and a pitched composite shingle roof. Four of the five units are two bedroom / two bathroom units, with the last unit being an one bedroom / one bathroom unit. The units have wall unit air conditioners and the exterior of the property has recently seen exterior improvements including new landscaping, asphalt parking and paint. Located on Northwest 6th Avenue, the property is situated just west of Interstate-95 between Atlantic Boulevard and Copans Road. The five units total 3,124 square feet and is situated on a 0.22 acre lot. It is located next to Blanche Ely High School. The Sixth Avenue Villas offers an investor the opportunity to purchase five multifamily units with the ability increase rents to market rates to improve cash flow.

Exclusively Listed By

Financing By

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