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Default Note Sale!!! Palm Grove Apts.
3380-3390 NW 30th St, Lauderdale Lakes, FL 33311
48 Units | Multifamily
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 37,672 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- No. Stories:
- Year Built:
- Lot Size:
- 1.54 AC
- Parking Ratio:
- 96 / 1,000 SF
- Listing ID
- Last Updated
- over 1 year ago
- Distressed Note Sale with Significant Upside
- Cooperative Seller
- New Roofs Under Warranty/ Ample Parking
- Ample Access to Public Transportation and Retail Shopping
- Surrounded by Single-Family Homes
This is a NOTE SALE**** Palm Grove is a DISTRESSED 48-unit apartment community located in Broward County' s city of Lauderdale Lakes. The property was built in 1973 of concrete block and painted stucco exterior and consists of three two-story concrete block buildings.
The community is situated on 1.54 acres with ample parking on both the north and south side of the property. The unit mix is comprised of 35 two bedroom/ one bathroom and 13 one bedroom/ one bathroom units.
All units have electric appliances, walk-in-closets, central heat and air-conditioning, individual hot water heater, glass slider providing access to a private patio or balcony and ceramic time in all areas.
The property is located in an excellent location just one block south of Oakland Park Boulevard. It situated less than one mile from the Florida Turnpike and I-95 in an historically strong rental market.
Map of 3380-3390 NW 30th St, Lauderdale Lakes, FL 33311 (Broward County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO