Log In

7910 N Colony Cir N

Tamarac, FL 33321
Closed

Property Description

**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA

Property Details

Essential

  • StatusClosed
  • Days On Site826
  • Days To Sale78
  • MLS#A11543690
  • Property TypeResidential Income
  • Property Sub TypeQuadruplex
  • Number of Stories2.0
  • Property Size949 sqft
  • Lot SizeSquare Feet
  • Tax Amount$3,147
  • Tax Year2023
  • HOAYes
  • HOA Fee$509 Monthly
  • Data SourceMiami Association of REALTORS®
  • Latest Update06/06/2026