Commercial property in Boca Raton, Florida 290.88 sq.m. № 2245798

Property description

Investor opportunity! Package sale featuring 4 condominium units in desirable Century Village. Properties include: 1011 Exeter A (2BR/1.5BA), 290 Dorset G (2BR/1.5BA), 16 Mansfield A (1BR/1.5BA), and 146 Mansfield D (1BR/1.5BA). Excellent opportunity to own multiple units in a well-maintained 55+ community with strong rental potential. Century Village offers resort-style amenities including clubhouse, pools, fitness center, transportation, tennis, theater, and more. Conveniently located near shopping, dining, and major highways. Great portfolio addition with income-producing potential. Rare multi-unit investment opportunity! Current monthly rental income of $6,175 with upside potential to approximately $6,800 per month. Estimated monthly carrying costs are approximately $3,000. Currently operating at an estimated 8.5% cap rate with potential to reach approximately a 10% cap rate.