• Wellington Townhome Portfolio - 13612 Yarmouth Ct, Wellington, FL 33414

For Sale

Multi-Family

For Sale

This property is available for sale
2.87
Acres
$6,750,000
Sale Price
  • Year Built
    2006
  • Total Building Size
    51,084 RSF
  • Overview

    This townhome portfolio is located in the Village of Wellington just west of West Palm Beach in central Palm Beach County. The portfolio consists of 8 buildings totaling 30 units that are conveniently located within a 2 mile radius of each other, and have immediate proximity to everything the Village has to offer, including but not limited to walk-ability to schools, shopping, movie theater, dining, grocery, and within a ¼ mile to the Equestrian Showground. The portfolio consists of 8 properties totaling 8 buildings and 30 units averaging 1,600sf. Mix of 4 (5bed/2bath), 24 (4bed/2bath) 2 (3bed/ 2bath). The units are 100% occupied and some of the largest available in the Wellington rental neighborhoods. Units are well maintained and many have new kitchens, bathrooms, appliances, AC, and flooring. Conveniently located within a 2 mile radius of each other. Excellent Cap rate at acquisitions with potential pro-forma cap rate at current market rents over 8%!

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Property Details

This townhome portfolio is located in the Village of Wellington just west of West Palm Beach in central Palm Beach County. The portfolio consists of 8 buildings totaling 30 units that are conveniently located within a 2 mile radius of each other, and have immediate proximity to everything the Village has to offer, including but not limited to walk-ability to schools, shopping, movie theater, dining, grocery, and within a ¼ mile to the Equestrian Showground. The portfolio consists of 8 properties totaling 8 buildings and 30 units averaging 1,600sf. Mix of 4 (5bed/2bath), 24 (4bed/2bath) 2 (3bed/ 2bath). The units are 100% occupied and some of the largest available in the Wellington rental neighborhoods. Units are well maintained and many have new kitchens, bathrooms, appliances, AC, and flooring. Conveniently located within a 2 mile radius of each other. Excellent Cap rate at acquisitions with potential pro-forma cap rate at current market rents over 8%!

  • Property Type
    Multi-Family
  • Year Built
    2006
  • Sale Price
    $6,750,000
  • Total Building Size
    51,084RSF
  • Total Acres
    2.87
  • Sale Status
    Available
  • Property ID
    2056179

Landlord's Sales Representative

  • Lee & Associates | Miami Marketing
    Lee & Associates Miami