For Sale
For Sale
-
Overview
Colliers is pleased to present the opportunity to purchase a portfolio of multifamily properties located in Palm Beach County, Florida. The subject portfolio is a rare value add opportunity of 55 units spread across multiple properties all near each other within Palm Beach County. Most of the units are large two- or three-bedroom units with water/electricity separately metered. Rents are well below market while units are in good shape providing the prospective buyer with significant upside.
Portfolio Summary
692 Neil Rd, West Palm Beach, FL 33415
535 Palmetto St, West Palm Beach, FL 33415
4224 Park Lane, West Palm Beach, FL 33415
4509-4539 Gulfstream Rd, Lake Worth, FL 33461
617-625 S F St, Lake Worth, FL 33461
3662 Davis Rd, Palm Springs, FL 33461
307-329 Melody Lane, Lantana, FL 33461
Light value-add with significant upside on rents
Units are separately metered for water and electricity
Large roomy units
Properties include surface parking
All within 10 minutes from each other
Central location within Palm Beach County near to retail and area amenities
Property Details
For Sale: Multifamily Portfolio in Palm Beach County
Colliers is pleased to present the opportunity to purchase a portfolio of multifamily properties located in Palm Beach County, Florida. The subject portfolio is a rare value add opportunity of 55 units spread across multiple properties all near each other within Palm Beach County. Most of the units are large two- or three-bedroom units with water/electricity separately metered. Rents are well below market while units are in good shape providing the prospective buyer with significant upside.
Portfolio Summary
692 Neil Rd, West Palm Beach, FL 33415
535 Palmetto St, West Palm Beach, FL 33415
4224 Park Lane, West Palm Beach, FL 33415
4509-4539 Gulfstream Rd, Lake Worth, FL 33461
617-625 S F St, Lake Worth, FL 33461
3662 Davis Rd, Palm Springs, FL 33461
307-329 Melody Lane, Lantana, FL 33461
Light value-add with significant upside on rents
Units are separately metered for water and electricity
Large roomy units
Properties include surface parking
All within 10 minutes from each other
Central location within Palm Beach County near to retail and area amenities
- Property TypeOffice
- Sale Price$7,750,000
- Total Acres1.15
- Property ID1498782