Bal Harbour Townhomes presents a compelling opportunity to acquire a portfolio of eight 8 fully condo converted townhomes at 1, 500 sq ft per 3 bedroom 2 bathroom townhomes garage.
| Website: | https://www.nestseekers.com/5406203 |
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| Address: | ,, FL 33950 |
| Ownership: | For Sale |
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| Type: | Unknown |
Financials
Price:$5,500,000
Description
Bal Harbour Townhomes presents a compelling opportunity to acquire a portfolio of eight (8) fully condo-converted townhomes at 1,500 sq ft per 3 bedroom/2 bathroom townhomes + garage. 9ft ceilings with exclusive view of the vibrant, lavish golf course in each unit right when you open the front door. When it comes to the coastal Punta Gorda, Florida market — it’s one of Southwest Florida's fastest-growing short-term rental corridors. With a negotiated all-cash price of $4,999,000, this portfolio delivers a 5.76%–6.50% going-in cap rate and projected 5-year IRRs of 10.3%–13.3% — institutional-quality returns for a coastal Florida STR Class A asset.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11998544
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Real Estate Sales Force | |