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325 S Lakeside Court, West Palm Beach, Florida

$1,225,000For Sale Under Contract

325 S Lakeside Court, West Palm Beach, Florida 33407
- MLS® ID: RX-10330594

Property Details

325 S Lakeside Court, West Palm Beach, Florida 33407 - Extremely rare opportunity to acquire a recently renovated, fully occupied 12-unit apartment complex at a 7.46% cap rate. Investors will enjoy a great return with little maintenance, while benefitting from significant anticipated appreciation in the surrounding area. The wonderfully located asset is positioned on the Palm Tran Bus Route, within minutes of the Flagler/Intracoastal bike path, Good Samaritan Medical Complex, Northwood Restaurants and Shops, Downtown West Palm Beach, and the Palm Beach Outlets. The Property currently has a waiting list for occupancy, and Buyer can easily increase NOI by lowering expenses.

Amenities

  • Zip33407
  • CountyPalm Beach
  • SQFT6513
  • StatusActive
  • Purchase TypeFor Sale Under Contract
  • Property typeMulti-Family
  • Zoning typeGC(cit
  • Year built1922
  • Lot size7920.00
  • WaterfrontNone
  • HeatingWindow/Wall
  • CoolingWall-Win A/C
  • Tax amount$14,930.10
  • Tax year2016
  • MLS® IDRX-10330594
  • MLS® nameRAPB

Listing Courtesy of Prodigy Properties LLC

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