Investment Opportunity South Florida

[Brandon Mcthay]

North Broward Area (Undergoing Gentrification)

Type: Triplex

Units: Two /1-bedroom units

Current Rent: $1,500 per unit, month-to-month leases

Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds

Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years

Upcoming Development: A new $2.2 million road is being constructed in the city

Current Market Value: $680,000

Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month

Condition: Needs some work

Price: $435 ,000

This property is a prime investment opportunity in an area poised for significant growth and appreciation.

What do you think? Yes/No