hallandale beach portfolio -compressed€¦ · hallandale beach portfolio -compressed.pdf created...

FOR SALE

PROPERTY OVERVIEW 25 total units in 4 buildings UNIT MIX: Studios: 13 units 1 Br 1 Ba: 4 units 1 Br 2 Ba: 3 units 2 Br 1 Ba: 2 units 2 Br 2 Ba: 2 units 3 Br 2 Ba: 1 units NOI: $212,299 PRICE: $3,930,000 ($157,000/unit)

ADDRESSES: 109 SE 9th Street - 8 Units Built 1964 6.25% cap 119 SE 9th Street - 6 Units Built 1967 6.0% cap 721 NE 3rd Street - 6 Units Built 1962 4.7% cap 651 NE 4th Street - 5 Units Built 1947 4.5% cap

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Hallandale Beach Multifamily Portfolio

25 Units | 4 buildings

FOR SALE

Exclusively Listed by Beacon Hill Property Group

Hallandale Beach Multifamily Portfolio!25 Unit - 4 Buildings

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info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

PROPERTY FACTS UNIT MIX: Studio: 4 units 1 Br 2 Ba: 2 units 2 Br 1 Ba: 2 units Legal 8 units NOI: $74,944 PRICE: $1,200,000 UNIT PRICE: $150,000 CAP RATE: 6.25%

FEATURES: •  3 renovated units •  New roof •  Outstanding location and

accessibility

Hallandale Beach 8 Units 109SE9thStreet

Hallandale Beach, FL

Exclusively Listed by Beacon Hill Property Group

FOR SALE FOR SALE

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

LOCATION | AERIAL LOCATION

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FINANCIALS

109SE9thStreet Built:1964

Income Monthly Annual

EffectiveGrossIncome 9,325$ 111,900$

Vacancy5% 466$ 5,595$

TotalGrossIncome 8,859$ 106,305$

Expenses Annual

RETaxes 11,261$Insurance 4,600$Repairs&Maintenance 4,000$Water&Trash 6,500$Landscape 1,000$Electric 4,000$

TotalExpenses 31,361$

NOI 74,944.00$Price 1,200,000.00$CapRate 6.25%

RentRoll UnitMix MonthlyRent

Unit1 2Br1Ba $1,400.00

Unit2 Studio $950.00

Unit3B Studio $850.00

Unit3 1Br2Ba $1,250.00

Unit4 Studio $925.00

Unit4B Studio $1,000.00

Unit5 1Br1Ba $1,200.00

Unit6 1Br2Ba $1,750.00

Total $9,325.00

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STREET VIEW

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PROPERTY FACTS

UNIT MIX: Studio: 1 unit 1 Br 1 Ba: 2 units 1Br 2 Ba: 1 unit 2 Br 2 Ba: 2 units NOI: $59,940 PRICE: $1,000,000 UNIT PRICE: $166,666 CAP RATE: 6%

FEATURES: •  Renovated Units •  New kitchens and floors •  Outstanding location and

accessibility

Hallandale Beach 6 Units 119SE9thStreet

Hallandale Beach, FL

Exclusively Listed by Beacon Hill Property Group

FOR SALE FOR SALE

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

LOCATION

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FINANCIALS

119SE9thStreet Built:1967

Income Monthly Annual

EffectiveGrossIncome 7,875$ 94,500$Vacancy5% 394$ 4,725$

TotalGrossIncome 7,481$ 89,775$

Expenses Annual

RETaxes 12,335$Insurance 4,000$Repairs&Maintenance 4,000$Water&Trash 6,500$Landscape 1,000$Electric 2,000$

TotalExpenses 29,835$

NOI 59,940.00$Price 1,000,000.00$CapRate 5.99%

RentRoll UnitMix MonthlyRent

Unit12 1Br1Ba $1,025.00

Unit12B LargeStudio $900.00

Unit14 1Br2Ba $1,900.00

Unit17 1Br1Ba $1,100.00Unit18 Studio $1,050.00

Unit16 2Br2Ba $1,900.00

Total $7,875.00

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PROPERTY FACTS

UNIT MIX: 3 Br 2 Ba: 1 unit Studios: 5 units Legal 6 units NOI: $44,822 PRICE: $950,000 UNIT PRICE: $158,300 CAP RATE: 4.7%

FEATURES: •  Immaculate landscaping

and grounds •  Outstanding location and

accessibility •  New AC units

Hallandale Beach 6 Units 721NE3rdStreetStreet

Hallandale Beach, FL

Exclusively Listed by Beacon Hill Property Group

FOR SALE FOR SALE

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

LOCATION

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

FINANCIALS

721NE3rdStreet Built:1962

Income Monthly Annual

EffectiveGrossIncome 6,350$ 76,200$Vacancy5% 318$ 3,810$

TotalGrossIncome 6,033$ 72,390$

Expenses Annual

RETaxes 10,468$Insurance 3,600$Repairs&Maintenance 4,000$Water&Trash 6,500$Landscape 1,000$Electric 2,000$

TotalExpenses 27,568$

NOI 44,822.00$Price 950,000.00$CapRate 4.72%

RentRoll UnitMix MonthlyRent

Unit1 Studo $1,000.00

Unit2 Studio $850.00

Unit3 Studio $1,000.00

Unit4 Studio $1,000.00Unit5 Studio $850.00

Unit6 3Br2Ba $1,650.00

Total $6,350.00

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STREET VIEW

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

PROPERTY FACTS

UNIT MIX: Studio: 3 units 1 Br 1 Ba: 2 units Legal 5 units NOI: $32,593 PRICE: $780,000 UNIT PRICE: $145,000 CAP RATE: 4.4%

FEATURES: •  Beautiful Grounds •  Outstanding location and

accessibility

Hallandale Beach 5 Units 615NE4thStreet

Hallandale Beach, FL

Exclusively Listed by Beacon Hill Property Group

FOR SALE FOR SALE

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

LOCATION | AERIAL LOCATION

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

FINANCIALS

615NE4thStreet Built:1947

Income Monthly Annual

EffectiveGrossIncome 4,950$ 59,400$

Vacancy5% 248$ 2,970$

TotalGrossIncome 4,703$ 56,430$

Expenses Annual

RETaxes 8,079$Insurance 3,000$Repairs&Maintenance 4,000$Water&Trash 5,500$Landscape 500$Electric 1,000$

TotalExpenses 22,079$

NOI 34,351.00$Price 780,000.00$CapRate 4.40%

RentRoll UnitMix MonthlyRent

Unit1 1Br1Ba $1,300.00

Unit2 1Br1Ba $1,200.00

Unit3 Studio $750.00

Unit4 Studio $850.00Unit5 Studio $850.00

Total $4,950.00

info@beaconhillpg.com 786-431-4443 www.beaconhillpg.com

STREET VIEW

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Information contained herein has been obtained from sources deemed reliable. However no warranty or representation, expressed or implied, is made as to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price or rental rate and withdrawal without notice.