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4800 32nd Dr S
Lake Worth, FL 33461
Elkwood Apartments · Multifamily Property For Sale
·
60 Units
Investment Highlights
- Rare 60-unit apartment community offering with close proximity to employment, shopping and schools and one block from John Prince Park
- 30 contiguous duplexes situated on 9.61 acres and is in a quiet residential neighborhood
- Long term tenancy averaging close to 10 years with in-place rents approximately $500 below the market
- Offered for sale by 23+ year owner-operator
- Excellent value add opportunity through renovation
- Concrete block construction with pitched roofs
Property Facts
| No. Units | 60 | Lot Size | 9.67 AC |
| Property Type | Multifamily | Building Size | 58,410 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.4/1,000 SF |
| Zoning | RM - Multifamily | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.67 AC |
| Building Size | 58,410 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | RM - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 30 | $1,100 | 920 |
| 2+2 | 12 | $1,150 | 1,098 |
| 3+1 | 18 | $1,200 | 980 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $8,764,272 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,764,272
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