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Purdy Pines 
54th Trail S
 West Palm Beach, FL 33415
County: Palm Beach
 
William Berthiaume
(954) 245-3400 Ext: 3507
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  For Sale Active  
Type:Multifamily
Garden/Low-Rise
No. Units:31
Building Size:38,000 SF
Lot Size:3.90 Acres
Occupancy:90.00%
Price:$2,500,000
Price/Unit:$80,645
Date Last Verified:11/12/2008
Property ID:15758859
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 Additional Information 

Property Description:
Great opportunity to own 31 units in West Palm Beach. 31 units on 54th Trail S - entire private and gated street. Great property. Extremely well kept, annual leases that can go up in pricing (poorly kept units in other streets rent at $900 - $1100/month), new roofs, paint, carpet, nice tile and carpet flooring, great kitchens man with brand new appliances. Please see photos. Very well kept property. No need to come in and sink large amounts of capital to rehab here. Currently units rented at avg. $800/M. Come see this property.

Location Description:
3.9 fenced acres with 31 units on 54th Trail S (private road)having a mix of 2-3/2 units, 29 - 2/2 units. In West Palm Beach, FL.

Property Types:Garden/Low-Rise
Multifamily (land)		Commission Split:2.5%
Assisted Living Residences
Congregate Senior Housing
  Financial Summary   
No Cash Flow Information Provided
 
  Unit Mix Information
3 bedroom / 2 bath
No. Units: 2
Avg. Mo. Rent: $799
 
2 bedroom / 2 bath
No. Units: 29
Avg. Mo. Rent: $799
 
 
  Debt & Equity Information
No Debt & Equity Information Provided

6/14/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 
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