This property is no longer available.Search for Available Property.
Royal Garden has 50 leasable pads with 41 current tenants. There is very little maintenance with low operating expenses. It is very feasible this location can be developed into a residential apartment building, or commercial project. The actual NOI is $240,000 annually which provides an investor a strong cap rate of 9% at the full asking price of $2,999,000. Please do not disturb any of the current tenants, all showings must be done by discrete drive by only. See attached package for full info.
West of 441 on Johnson Street
Tax Data (Show Tax Data)
Tax data is not available for this listing.
Contact the Seller for more information.
Other Land for Sale in Broward County
NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.