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Enclave Hills Apartments 2221 NW 58th Ave 44 Unit Apartment Building For Sale Lauderhill, FL 33313
Investment Highlights
- 44-Unit Multifamily Asset — Established apartment community offering a diversified unit mix of 8 one-bedroom/one-bathroom and 36 two-bedroom/one bath
- Strong Two-Bedroom Concentration , Approximately 82% of the units are two-bedroom apartments, catering to a broad renter demographic
- Value-Add Potential: An investor may have opportunities to optimize rents, improve operating efficiencies, and enhance the property's overall income
- 100% Occupied : Fully leased property provides stabilized in-place occupancy and immediate rental income.
- Recent Capital Improvements: Ownership has invested in impact windows, electrical upgrades, and other capital expenditures, reducing near-term capital
- Attractive Basis for Multifamily Investors:The combination of 44 units, full occupancy, multifamily zoning, substantial land area,& recent improvement
Property Facts
| Sale Type | Investment | Building Class | C |
| Sale Condition | 1031 Exchange | Lot Size | 1.54 AC |
| Gross Rent Multiplier | 8.9 | Building Size | 43,536 SF |
| No. Units | 44 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1973 |
| Apartment Style | Low-Rise | Parking Ratio | 1.11/1,000 SF |
| Zoning | RM-22 - Multifamily | ||
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 8.9 |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 43,536 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RM-22 - Multifamily |
Amenities
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 20 | - | - |
| 2+1.5 | 16 | - | - |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-41-26-11-0190 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,158,280 |
Property Taxes
Parcel Number
49-41-26-11-0190
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,158,280
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Enclave Hills Apartments | 2221 NW 58th Ave