This Multifamily Property is no longer advertised on LoopNet.com.

200 NE 20th St
Boca Raton, FL 33431
Waterford Bay · Multifamily Property For Sale · 90 Units

Property Facts

No. Units 90
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 5.19 AC
Building Size 76,082 SF
Average Occupancy 76%
No. Stories 2
Year Built/Renovated 1968/2015
Parking Ratio 2.12/1,000 SF
Zoning R3E

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Oven
  • Range
  • Smoke Free

Site Amenities

  • Fitness Center
  • Furnished Units Available
  • Volleyball Court
  • Community-Wide WiFi

About 200 NE 20TH ST , BOCA RATON, FL 33431

Call to receive full offering memorandum. University Square apartments is a multifamily building located is desirable Boca-Raton Florida. This property consists of 90 units, with 128 beds. University square is primarily used as an off-campus student housing dormitory. 97% occupancy rates annually. The average unit size is +/- 778 sf. Full management in place, turn key passive investment. Constructed in 1969, and fully renovated in 2014-2015, this property is in excellent overall condition. Amenities include large swimming pool, outdoor lounge, clubhouse, fitness center, open recreational areas, and a beach volley ball court. This property is being sold at only $188,000 a unit. Recent comprabales as high as $279,000 a unit. Excellent investment opportunity, call for additional information and financials.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 52 - 713 - 735
2+1 38 - 855

Property Taxes

Property Taxes

Parcel Number
06-43-47-17-00-000-7015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$15,701,685
  • Listing ID: 14047040

  • Date on Market: 10/11/2018

  • Last Updated:

  • Address: 200 NE 20th St, Boca Raton, FL 33431

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