Division Avenue West Palm Beach FL 33401
13 Unit Multifamily
6 – 2/1
6 – 1/1
1 – Studio Apartment
8,894 Sq. Ft
26,721 Sq. Ft Lot
CBS
Historic 13 Unit Multi Family Site situated in Palm Beach County, Florida with strong population migration patterns
100% Turnkey Occupancy
Complete Interior Renovation in 2021 with Brand New mechanicals, hurricane windows, doors, and all new interiors
Gross Rental Income $219k
Vacancy Loss $2,580
Taxes $9,592
Operating Expenses $50,174
7% Cap Rate
Available on 10.22.2022
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The sale of these properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the property at the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement