Multifamily
Barton Apartments
1406 Barton Rd, Lake Worth Beach, FL 33460
Listing Price: $3,450,000
Investment Overview
Marcus & Millichap, as exclusive listing agent, is proud to present to market the Barton Apartments which is located at 1406 Barton Road, Lake Worth Beach, Florida.
The Barton Apartments is comprised of (19) one-bedroom / one-bathroom units and (1) two-bedroom / one-bathroom unit. The property was originally constructed in 1971 of concrete block, a pitched composite shingle roof, and sits on a .53 acre lot. As of January 1st, 2025 all one-bedroom / one-bathroom units are scheduled to pay $1,500/month in rent. There is a laundry room on-site with all necessary hookups, as well as a fully functional sauna room with a shower, dressing area and storage.
The property is located one mile North of Lantana Road and 1.2 miles south 6th Avenue South, offering phenomenal access to Interstate-95 (1 mile). The property sits less than a mile from several major grocers, such as Aldi and Publix and Costco, as well as a recently constructed Chik-Fil-A and Dunkin’. It also is just a 4 minute walk from Barton Elementary School.
Barton Apartments
Investment Highlights
- Long Term Ownership, First Time the Property is Being Offered For Sale in 53 Years
- All Units are Rented on a Month-To-Month Basis, Providing Immediate Flexibility for a New Owner
- Opportunity to Add Value Through Increasing Monthly Rents to Market Rate
- Close Proximity to Area Schools Including Barton Elementary School Which is Located Within Walking Distance to the Property
- Situated 1 Mile North of Lantana Road and 1.2 Miles South of 6th Avenue S, Offering Quick Access to Interstate-95
Exclusively Listed By
Listing Price: $3,450,000
Investment Highlights
- Long Term Ownership, First Time the Property is Being Offered For Sale in 53 Years
- All Units are Rented on a Month-To-Month Basis, Providing Immediate Flexibility for a New Owner
- Opportunity to Add Value Through Increasing Monthly Rents to Market Rate
- Close Proximity to Area Schools Including Barton Elementary School Which is Located Within Walking Distance to the Property
- Situated 1 Mile North of Lantana Road and 1.2 Miles South of 6th Avenue S, Offering Quick Access to Interstate-95
Investment Overview
Marcus & Millichap, as exclusive listing agent, is proud to present to market the Barton Apartments which is located at 1406 Barton Road, Lake Worth Beach, Florida. The Barton Apartments is comprised of (19) one-bedroom / one-bathroom units and (1) two-bedroom / one-bathroom unit. The property was originally constructed in 1971 of concrete block, a pitched composite shingle roof, and sits on a .53 acre lot. As of January 1st, 2025 all one-bedroom / one-bathroom units are scheduled to pay $1,500/month in rent. There is a laundry room on-site with all necessary hookups, as well as a fully functional sauna room with a shower, dressing area and storage. The property is located one mile North of Lantana Road and 1.2 miles south 6th Avenue South, offering phenomenal access to Interstate-95 (1 mile). The property sits less than a mile from several major grocers, such as Aldi and Publix and Costco, as well as a recently constructed Chik-Fil-A and Dunkin’. It also is just a 4 minute walk from Barton Elementary School.
Exclusively Listed By
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