1101 Colonial Palms Way, West Palm Beach, FL
Multi-family for Sale - $5,750,000 - 40,260 Sq. Ft. on 2.71 acres
Property Info
| CIMLS# | 967551 |
| Location 1101 Colonial Palms Way West Palm Beach FL 33406 | |
| Updated | January 9th, 2018 |
| Type | Multi-family |
| Price | $5,750,000 |
| Building | 40,260 Sq. Ft. |
| Land | 2.71 acres |
Property Description
30 Townhomes Located In 5 Buildings
All 3 Bedroom / 2.5 bath Units
Additional Income Streams Possible
2007 Construction
Solid Rental Demographics
Consistent, Strong Population Growth
Proximate to Shopping & Transit
Location Description:
Proximate to large employers
Less than 3 miles from the Atlantic Ocean
Close proximity to schools, shopping and I-95
New Development in immediate area
Highlights:
>> 96% Occupied
>> 30 Unit Rental Complex
>> 2007 Construction
>> Strong Submarket Population Growth
>> Rents Below Market
>> Fast Rental Absorption and Limited Competition
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