Multifamily Apartment Complex – Fully Leased in Delray Beach, FL – Excellent Investment Opportunity
Commercial Sale
Category: Multifamily
Price:$4,400,000
Location: Delray Beach, FL
Year Built: 1954
Days on Market: 38
Description:
Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.
Investors dream! Fully leased apartment complex located in prestigious Delray Beach. Includes two buildings with nine rental units.
Listing Code: 1040292735