43-unit apartment complex plus 2 commercial units, total of 45-​ ​paying tenants. The investment property is located in Palm Beach, Belle Glade, FL. The property is situated on a corner lot​ ​directly in front of Martin Luther King Jr Blvd, main thoroughfare​ ​providing great exposure and visibility for marketing to the local

market.

List price is the starting bid for the Auction. Value-add, investment opportunity to acquire a 45-units complex multifamily property​ , located in Palm beach, Belle Glades Florida. ​

PROPERTY HIGHLIGHTS​ : ​ The unit breakdown is as follows:​ ​(28- Efficiencies) and (15-1/1’s). Total of 43, residential tenants, plus 2 commercial spaces/units.

Property located in an opportunity zone. Palm beach property appraisal office Tax records indicate 35 units. Added for extra income are an additional 10 non​ - conforming units, which give a total of 45 tenants.

All leases are month to month, this gives the new investor the ability to​ ​immediately implement their new business plans going forward.

​ All units are separately metered for water and electricity, except for a few that are disclosed in the rent roll, and below. ​

Approximately, 6-units have electrical service included in their monthly rental rate,​ ​and the owner pays FLP directly​ see rent roll. ​​​

Approximately, 18-units have water service included in their monthly rental rate,​ ​and the owner pays the water company directly​ see rent roll. ​

​ Register through the ten-X website to participate in the auction set for ​ Jan 23 - Jan 26, 2023 ONLINE AUCTION ​ BIDDING STARTS ​​ ​ $400,000. Or make an offer prior to the auction date and purchase before the auction schedule date. Call Alex 305-409-3045. We are cooperating with the buyer's broker.

Website link below:

https://buildout.com/website/1056708-sale

Link for Ten-X link below:

https://www.ten-x.com/listing/preview/1000017119/?code=eyJ0eXAiOiJKV1QiLCJhbGciOiJSUzI1NiJ9.eyJsaXN0aW5nX2lkIjoyMDAyMjg4MiwiZXhwIjo5NDQ2NTEwNDE1fQ.VEVm6inBPcFAtaVtYTNOEnhjR900HAU1qM_8V5TQ7MnGHkObncJUkssbcgWXy8_avDYu24Ft2xuZ0L2b-IfYlQ

Google earth link below:

https://earth.google.com/web/search/417+SW+6th+St,+Belle+Glade,+FL+33430/@26.68235417,-80.67343572,5.95188074a,179.90673969d,35y,52.62218463h,44.99521796t,-0r/data=Co8BGmUSXwolMHg4OGQ5NTA3ZWVjYzQxMzhmOjB4ZTQyMTZkMTViOGZkZGJjZBnM7iR9ta46QCH_8RQoGCtUwCokNDE3IFNXIDZ0aCBTdCwgQmVsbGUgR2xhZGUsIEZMIDMzNDMwGAIgASImCiQJnfy8GdgeOkARNFYCkwcdOkAZFVxBgTMIVMAhexLrdMoIVMA

Alex Lizama

COLDWELL BANKER COMMERCIAL REALTY

3319 Sheridan Street Hollywood, Florida 33021

Phone number: 305-409-3045

E: alexpassiveincome2@gmail.com