2737 EMORY Drive, West Palm Beach MLS Listing B26092561, West Palm Beach Real Estate

2737 EMORY Drive Unit D, West Palm Beach, Florida 33415 USA

$550,000 Single Family MLS® B26092561

Living Area
3,296
Unit
D

HOA Fees
$1,832
Year Built
1981

Subdivision
CRESTHAVEN / PINE RIDGE / KINGS POINT
Community
CRESTHAVEN / PINE RIDGE / KINGS POINT

About this Property

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 \u0026 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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$550,000

Living Area
3,296
Unit
D
HOA Fees
$1,832
Year Built
1981
Subdivision
CRESTHAVEN / PINE RIDGE / KINGS POINT
Community
CRESTHAVEN / PINE RIDGE / KINGS POINT

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