Property Description

8% Cap Rate, $18,136 NOI. Acquire a self-managed, fully leased 2-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (2) 1bed/1.5bath units, all located in well-maintained 55+ communities with well-established, pet-free tenants. The communities are 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $6200 transfer. This structure consolidates 2 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only 18 Brittany A, Delray Beach, FL 33446 and 3774 Inverrary Boulevard 205, Lauderhill, FL 33319 A membership-interest transfer may have different property tax implications than a deed transfer

Property Features