NORTH OCEAN PLACE - LoopNet...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,400,000 Price / Unit:...
Transcript of NORTH OCEAN PLACE - LoopNet...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,400,000 Price / Unit:...
906 N Riverside Dr, Pompano Beach, FL 330629 Units | Multifamily Property | Outer Pompano Beach/Deerfield BeachNORTH OCEAN PLACE
O F F E R I N G F L Y E R
Sale Price: $1,400,000
Price / Unit: $155,556
Number of Units: 9
Annual Rental Pro Forma Cap Rate: 6.38%
Daily Rental Pro Forma Cap Rate: 12.7%
Annual Rental Pro Forma NOI: $89,265
Daily Rental Pro Forma NOI: $177,732
Year Built: 1955
Lot Size: 0.2 Acres
THE OFFERING INVESTMENT HIGHLIGHTS
• 9 Unit Value Add Opportunity Located Between The Intracoastal & The Ocean In Pompano Beach
• AAA Location In Walking Distance To Pompano Beach
• Recent Renovations Consisting Of New Flooring, Roof, Some Updated Bathrooms, And Kitchens
• Ideal Location To Run As Either Annual Or Daily Rentals
• In Walking Distance To The Newly Developed Fishing Village & Fishing Pier
• Surrounded By Major Highways Such As A1A, Atlantic Blvd, Riverside Dr, And US Federal Hwy 1
• The Property Sits A Block Off Of A1A Which Provides Easy Access To All Major Highways
CONTACT USRYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUSAssociate Senior Associate Senior Associate Associate SVP, Investment Sales954.312.1678 954.660.9813 954.312.1677 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]
POMPANO BEACH
INTERCOASTAL WATERWAY
BEACH ACCESS
N RIVERSIDE DR
DOWNTOWN FT. LAUDERDALE
INTERCOASTAL WATERWAY
POMPANO BEACH PIER / FISHING VILLAGE
N RIVERSIDE DR
ATLANTIC BLVD
N RIVERSIDE DR
POMPANO BEACH FORT LAUDERDALE MARRIOTT POMPANO BEACH RESORT & SPA
RESIDENCE INN BY MARRIOTLIGHTHOUSE POINTE
BEACH ACCESS
RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH TRAVIS JONES GREG MATUSAssociate Senior Associate Senior Associate Associate SVP, Investment Sales954.312.1678 954.660.9813 954.312.1677 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]
NORTH OCEAN PLACECOLLABORATIVE REAL ESTATE SERVICESCONTACT A TEAM MEMBER FOR MORE INFORMATION