north ocean place...north ocean place offering flyer sale price: $1,325,000 price / unit: $147,222...
Post on 21-Sep-2020
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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: $1,325,000
Price / Unit: $147,222
Number of Units: 9
Current Income Cap Rate: 5.47%
Current Income NOI: $72,767
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 GREG MATUS TRAVIS JONESSenior Associate Senior Associate Director SVP, Investment Sales Senior Associate954.312.1678 954.660.9813 954.312.1677 954.671.1821 954.312.1676ryan.wold@franklinst.com aj.stanford@franklinst.com dan.dratch@franklinst.com greg.matus@franklinst.com travis.jones@franklinst.com
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 GREG MATUS TRAVIS JONESSenior Associate Senior Associate Director SVP, Investment Sales Senior Associate954.312.1678 954.660.9813 954.312.1677 954.671.1821 954.312.1676ryan.wold@franklinst.com aj.stanford@franklinst.com dan.dratch@franklinst.com greg.matus@franklinst.com travis.jones@franklinst.com
NORTH OCEAN PLACECOLLABORATIVE REAL ESTATE SERVICESCONTACT A TEAM MEMBER FOR MORE INFORMATION
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