927 S Pine St

Description

THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H. AGGRESSIVE VALUE-ADD PLAY ? 8-UNIT CASH FLOW MACHINE IN LAKE WORTH!Attention value hunters ? 927 South Pine Street delivers the kind of construction, strong in-place income, and rent-growth upside thats getting harder to find in todays market.This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion.Property snapshot:8 market rate apartments individually metered for water & electricFour 1BR/1BA units averaging... Read more $1,600/monthFour 4:2BR/1BA units averaging $1,800/monthcollecting Over $13,000 monthlyTenants pay ALL utilities Solid concrete block constructionBrand new roof = reduced near-term capexRecent capital improvements keep operating costs lowWhy this Location Performs:Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95Why This Deal Hits:Strong in-place cash flowMinimal operating expensesMajor capital item already completedClear value-add opportunity with upside on rentsIdeal for a hands-on investor ready to push performanceStabilized income today ? meaningful upside tomorrow.Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up