Public listing · BizBuySell

10-Unit Condo Portfolio, Grandfathered Rental Rights, $1,300,000 for sale in Broward County, FL · $1,300,000

Broward County, FL·Multifamily

Asking price
$1,300,000
Cash flow
$51,270SDE
Revenue
Multiple
25.36x
CoC preview
-20.1%

Soft estimate · 30% down · 7.5% · 10yr

DSCR preview
0.40x

Same assumptions · not a Desk underwrite

Source · BizBuySell

Overview

Nobody else can do what this portfolio does. The 55+ community where these units sit has closed off new rentals entirely. These 10 units got in before it closed. That Grandfathered Rental Status...

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