4100 NW 16th Ave | Fort Lauderdale, FL 33309
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4100 NW 16th Ave
Fort Lauderdale, FL 33309
Twin Lakes Villas · Multifamily Property For Sale
·
37 Units
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Assume Current Loan of $6,571,000 at 4.2% Fixed Until 2032 - Extremely Attractive 6.6% Cash-On-Cash Return Day One of Ownership
- All Units are 2 or 3-Bedroom Floorplans, Two Story Townhouse Style with Private Courtyards or Front Porches, Individually Metered for Electric
- Situated on One of Oakland Park’s Famous Twin Lakes, Surrounded by Single Family Homes - Adjacent to Royal Palm Park with Access to the Park Trail
- 100% Occupied, Unbelievably Located Asset, Featuring Waterfront Views from Each Unit
- New Investor Can Significantly Increase Income by Creating Charge Back Program for Water
- Interior Improvements Include – New Tile, Premium Kitchens & Bathrooms, New Central A/C, Washer & Dryer in Each Unit
PROPERTY FACTS
| No. Units | 37 | Building Size | 37,070 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.83/1,000 SF |
| Lot Size | 2.19 AC | ||
| Zoning | RM-16 - MULTI-FAMILY RESIDENTIAL | ||
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 2.19 AC |
| Building Size | 37,070 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.83/1,000 SF |
| Zoning | RM-16 - MULTI-FAMILY RESIDENTIAL |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Patio
SITE AMENITIES
- Courtyard
- Pool
- Waterfront
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 14 | - | 1,020 |
| 2+2 | 3 | - | 1,020 |
| 3+1.5 | 6 | - | 1,032 |
| 3+2 | 14 | - | 1,032 |
PROPERTY TAXES
| Parcel Number | 49-42-21-00-0100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,402,670 |
PROPERTY TAXES
Parcel Number
49-42-21-00-0100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,402,670
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
