Excellent investment opportunity!
5-unit condo portfolio sale located in highly desirable rental communities in Miramar, including 2 units at Lakeshore at University Park and 3 units at Miramar Club. All units feature 2 bedrooms and 2 bathrooms and are well maintained. Properties offer a variety of recent upgrades including brand-new kitchens, remodeled kitchens with updated plumbing, kitchen refacing, new flooring, fresh paint, updated closet doors, new water heater, and in-unit washer and dryer. Some units feature screened balconies and garden views. Each unit includes assigned parking plus ample guest parking. Conveniently located near shopping centers, schools, major roadways, public transportation, and the Turnpike.
This portfolio is ideal for investors seeking stable annual rental income in established, high-demand rental communities with strong long-term occupancy potential. The portfolio currently generates approximately $120,000 in gross annual rental income with an estimated NOI of $78,000 annually. Excellent opportunity to secure consistent cash flow and long-term returns. Seller motivated!