Historical Multifamily Sale Listing - Default Note Sale!!! Palm Grove Apts.

Multifamily For Sale

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Default Note Sale!!! Palm Grove Apts.

3380-3390 NW 30th St, Lauderdale Lakes, FL 33311

N/A

48 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
48
Building Size:
37,672 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Distressed:
Yes
Occupancy:
40%
No. Stories:
2
Year Built:
1973
Lot Size:
1.54 AC
Parking Ratio:
96 / 1,000 SF
Listing ID
16813589
Last Updated
over 1 year ago

Highlights

  • 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

Description

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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