2561-2611 NW 56th AveLauderhill, FL 33313

This exceptional 36-unit apartment building presents a compelling investment opportunity in Lauderhill, Florida. Located at 2561-2611 NW 56th Ave, 33313, this property boasts a desirable location, a short 5-minute walk from Oakland Park Blvd's vibrant retail corridor, featuring national retailers like Publix, Truist, and Pollo Tropical. The building comprises 18 two-bedroom/one-bathroom units and 18 two-bedroom/two-bathroom units, all equipped with up-to-date appliances, individual central air conditioning, and in-unit washer/dryer sets. Residents enjoy assigned parking and the added convenience of 18 on-site storage units. The property sits on an expansive 11.69-acre lot and offers lake views. The current owner holds 100% of the HOA units, providing multiple exit strategies. A significant rental upside potential of 10% exists with fully occupied yearly leases. The asking price is $7,940,000, translating to approximately $220,000 per unit. The owner also maintains equity in a shared lot owned by the Master Association. This property offers a strong return on investment with significant potential for future growth. This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a prime location.