Investment Overview

Marcus & Millichap, as exclusive listing agent, is excited to bring to market the Lakeside One Apartments, a two-story apartment building with 16-units located in the city of Sunrise, Florida. The property is situated on .57 acres. Current ownership has managed the property for over ten years and has meticulously maintained the buildings while executing on an interior and exterior renovation plan including, but not limited to new roofs, plumbing and electrical replacement, parking lots, exterior lighting, landscaping, security upgrades, and renovations to most of the apartments. The community was constructed in 1969 of concrete blocks with pitched asphalt roofs. The property is made up of all three-bedroom and two bathroom units with approximately 1,301 rentable square feet. The Lakeside One Apartments are strategically positioned in the center of Sunrise, Florida, one of Broward County’s most connected and amenity rich municipalities. This infill location benefits from exceptional transportation accessibility, a deep surrounding employment and retail base, strong healthcare and educational infrastructure, and long term supply constraints that support durable multifamily performance. The property’s placement within the tri county core of Miami Dade, Broward, and Palm Beach provides investors with both regional resilience and sustained renter demand. Sunrise’s established residential fabric, paired with ongoing commercial investment and reinvestment, makes the Lakeside One Apartments a premier opportunity to capture stable, income generating returns in one of South Florida’s most strategically located markets.