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30 Unit Palm Beach Townhome Portfolio

Listing was updated at: 07/16/2019
30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio 30 Unit Palm Beach Townhome Portfolio

Property Overview

Price/Rent PSF $ 6,750,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 51,084
Date Available 07/16/2019
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Description

Location
This townhome portfolio is located in the Village of Wellington just west of West Palm Beach in central Palm Beach County. The portfolio consists of 8 buildings totaling 30 units that are conveniently located within a 2 mile radius of each other, and have immediate proximity to everything the Village has to offer, including but not limited to walk-ability to schools, shopping, movie theater, dining, grocery, and within a ¼ mile to the Equestrian Showground.

Sale
The portfolio located in Palm Beach County consists of 8 properties totaling 8 buildings and 30 units averaging 1,600 SF. with a unit mix of 4 (5bed/2.5bath), 24 (4bed/2bath) 2 (3bed/ 2bath). The units are 100% occupied and some of the largest available in the Wellington rental neighborhoods. Units are well maintained and many have new kitchens, bathrooms, appliances, AC, and flooring. Conveniently located within a 2 mile radius of each other. Excellent Cap rate at acquisitions with potential pro-forma cap rate at current market rents over 8%!

Location

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