Fort Lauderdale 163 Unit building $13M
- Property Name: N Andrews Av multifamily
- Address: 1000 N Andrews AV, Fort Lauderdale , FL
- Building Size: 133,900 sq.ft.
- Lot Size: 5.5 Acres
- Floors: 2
- # of Units: 163
- Units: 165 apartments, 7 commercial spaces
- Occupancy: 99%
- Pool: yes
- Parking: Yes
- Ownership: Fee Simple
- NOI: $1,000,000
- Cap Rate: 7.6%
- Year Built: 1970
- Price: $13M
Highlights
163 units composed of various buildings. 156 residential units and 7 commercial units. Complex has pool, large office building and laundry rooms. The 28 washers and dryers are owner owned. All residential units are tiled and 99% leased. Commercial center is historically fully leased.
