Olive Glenn Apartments, located at 301 NW 32 Ct, Pompano Beach, FL 33064, presents an opportunity to acquire a 22-unit multifamily property consisting entirely of two-bedroom/two-bathroom units. The property features approximately 16,679 SF of building area on a 43,552 SF lot, with each unit offering a very large, oversized layout… Read More that provides a spacious living environment highly desirable to tenants. The property currently generates approximately $396,318 in Gross Operating Income, offering investors a strong in-place income stream with potential for further upside. The property can also be purchased together with an adjacent 24-unit multifamily property, creating an opportunity to acquire a combined 46-unit portfolio with multiple properties located next to each other. Strategically located just minutes from I-95 and Atlantic Boulevard, Olive Glenn Apartments provides convenient access to Downtown Pompano Beach, major retail corridors, employment centers, and the Pompano Beach waterfront, supporting continued rental demand and long-term growth in the surrounding market. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc 786-748-7373
Listing Snapshot
Days Online
17
Last Updated
Property Type
Multi Family
Square Ft.
16,679
Lot Size
2.37 Acres
Year Built
1975
MLS Number
A12074813
30 Days Snapshot Of 33064
$206k
-19%
(avg) sold price
11
-26%
homes sold
154
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1975, Toal building area: 16679
Cooling
Central Building
Heating
Central Building
Lot
2.37 acres
Property
Zoning: RM-20
Sewer
Public Sewer
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