2737 EMORY Drive W Unit D, West Palm Beach, FL 33415
- $550,000
- 3,296
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- Days on Market
- 7
- MLS#
- B26092561
- Subtype
- Residential Income
- Year Built
- 1981
- Living Area
- 3,296
- Subdivision
- Cresthaven / Pine Ridge / Kings Point
- Neighborhood
- PB19
- MLS Area Major
- 5720
Property Description
7.7% Cap Rate, $42,765 NOI. Acquire a self-managed, fully leased 4-property investment portfolio by purchasing a single LLC's membership interests. Units are renovated (1) 2bed/1.5bath,(1) 2bed/1bath, (2)1bed/1.5bath units all located in well maintained Palm Beach County 55+ communities with well-established pet-free tenants. The communities are villas or 2-story condos with no upcoming assessments; the master insurance policies are covered in dues. LMR & security deposits of $12,150 transfer. This structure consolidates 4 individual property closings into one transaction without transferring the individual deeds or paying closing costs on individual sales. The portfolio offers established leasing rights with no seasoning period. See supplement for addresses. Cash Only All units are located close together and have screened porches, additional storage, and either in-unit laundry or a free-standing laundry room within 50ft. 15 Valencia A, Delray Beach, FL 33446 3561 Long Pine Ct, Unit A2, Greenacres, FL 33463 5831 Whispering Pine Way, Unit A1, Greenacres, FL 33463 2737 Emory Dr E, Unit D, West Palm Beach, FL 33415 A membership-interest transfer may have different property tax implications than a deed transfer*
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Additional Information
- Amenities
- Pool
- Exterior Features
- Storage
- Taxes
- $8,146
- HOA Fee
- $21,989
- HOA Freqency
- Annually
- Zoning
- RM
- Flooring
- Engineered Hardwood, Tile
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- CBS (Concrete Block Structure), Block
- Stories
- 1
- Roof
- Composition
- Elementary School
- Forest Hill
- Middle School
- Okeeheelee
- High School
- Dr. Joaquin Garcia
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All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Elizabeth A Lewis | Email: elizabeth@real-ativity.com