Rick Applebaum’s Post

Triplex in Pompano Beach. Presenting a prime investment opportunity nestled in Pompano Beach, this multifamily property boasts an advantageous location with easy access to I-95, TPKE, and US-1. Comprising two 1-bed/1-bath units and one 2-bed/1-bath unit, the fully occupied building enjoys stable income with potential for growth through enhancements. With long-term tenants in two units and increased rents for the 2-bed unit, the property demonstrates a 6.9% CAP RATE. Its well-maintained structure, tranquil neighborhood, ample parking, and solid rental demand contribute to its appeal. The roof is in excellent condition, and though the property could benefit from some TLC, it exudes potential. The property is listed at $665,000, with a gross income of $54,600 and a NOI of $45,048 in 2023. Drive-by viewings are welcome, while interior showings require offers and proof of funds due to tenant occupancy. #pompinobeach #LuxuryHomes #FortLauderdaleLiving #Property #ElegantLiving #ecrbrokerage #beachside #investing #lending #development

TOP FLOOR 2 BED APARTMENT - SECQUOIA MEADOWS Pleased to agree the purchase of a top floor 2 bed apartment in Secquoia Meadows. More excitingly we are renting fully furnished to our sister company, Principal Building on a FRI 10 year lease, annual increases with no breaks. Edison Property Company has moved away from the from low value property model in lower socio economic locations with little to no capital appreciation over a 10 year period. There is often difficulties with tenants and void periods. In 2024 we will acquire 4 or 5 properties with a value of £1.2 million to £1.5 million. The first two properties, Vista Development Largs and Secquioa Jackson combined price is £550,000. #edisoncapital #edisongroup #semgroup #edisonpropertycompany #locationlocationlocation #qualitymatters #qualityworkmanship

Triplex in Pompano Beach. Presenting a prime investment opportunity nestled in Pompano Beach, this multifamily property boasts an advantageous location with easy access to I-95, TPKE, and US-1. Comprising two 1-bed/1-bath units and one 2-bed/1-bath unit, the fully occupied building enjoys stable income with potential for growth through enhancements. With long-term tenants in two units and increased rents for the 2-bed unit, the property demonstrates a 6.9% CAP RATE. Its well-maintained structure, tranquil neighborhood, ample parking, and solid rental demand contribute to its appeal. The roof is in excellent condition, and though the property could benefit from some TLC, it exudes potential. The property is listed at $665,000, with a gross income of $54,600 and a NOI of $45,048 in 2023. Drive-by viewings are welcome, while interior showings require offers and proof of funds due to tenant occupancy. #pompinobeach #LuxuryHomes #FortLauderdaleLiving #Property #ElegantLiving #ecrbrokerage #beachside #investing #lending #development

Cristal Bay Estates

🌟 New Listing - Available Now! 🌟 Presenting 615-617 Victoria Street in Costa Mesa - an exceptional offering by Gould Group! This property is a true gem, spanning three parcels in one of the most desirable submarkets of Orange County. Key details include: * (12) 2-Bedroom/1-Bathroom Single Story Units * Lot Size: 1.32AC Amenities Include: * Single-car garage for each unit * Washer/dryer hookups in each unit * Private patios for each unit * Beautiful tree-lined, grassy courtyard 🌿 With strategic renovations, savvy investors can unlock substantial rental upside, potentially exceeding 40% on the existing units alone. 💰 🏠 The city of Costa Mesa's ADU regulations offer the potential to add even more units, boosting rental income and overall property value. 📈 For developers eyeing a larger project, this property is a rare find within the Mesa West Residential Urban Plan. Redevelop and create new apartments or saleable units with increased density. Plus, it's located in an Opportunity Zone! 🌆 🔑 Don't miss out on this incredible investment, combining current rental income potential with significant future growth prospects. #InvestmentOpportunity #CostaMesa #GouldGroup #RealEstate #Multifamily #PropertyDevelopment #RentalIncome #OpportunityZone #InvestmentPotential #RealEstateInvesting #ADUPotential #DevelopersDream

Ready to venture through the luxurious enclaves of Weston, Wellesley, and Brookline? Check this out as Michael shares the latest on the most expensive areas in Greater Boston! 🏡🌳🏙️ Michael Tinsley The Tinsley Team | Longwood Residential #HomeValueInsights #EnjoyYourSpace #RealEstateFacts #HomeownershipTips #PropertyAdvice #RealEstateExperts #Expensive #GreaterBoston #YourTrustedAgent

🌿💼 Unlock the potential of your commercial property with the transformative power of landscaping! A well-designed exterior isn't just about aesthetics; it's a strategic investment that enhances property value and tenant satisfaction. Elevate your commercial real estate game with LMC Houston - where landscaping meets success! #CommercialLandscaping #PropertyValue #Landscaping 🏢

#NewListing! Take a look at our latest offering in Daytona Beach, FL - Whispering Oaks and Southern Villas, an opportunity to purchase a majority ownership stake (169 out of 181 units) in two, adjacent, townhome communities. Located in one of the best submarkets in Daytona Beach, being less than 2 miles from the airport, Speedway, local public schools, and two universities, these properties offer SFR features to tenants on a scale not found anywhere else in the market. Current ownership is already achieving up to $309 rental premiums WITHOUT any major unit renovations, simply on lease trade-outs. Over $6.3MM in value-add opportunities still exist on the properties that future ownership can take advantage of. Dive deeper into the deal here: https://lnkd.in/eYJjHC-s Call or email me for more info: (772) 486-9253 bp@naihallmark.com Luke McCann John Rutherford #MultifamilyRealEstate #MultifamilyInvesting #FloridaMultifamily

If you have not dug into this deal yet, you should. We just started touring this week. Daytona Beach has some of the best net migration in the state, stabilized occupancy above 92%, and a diverse economy. Current ownership is achieving up to $309 rental premiums on lease trade-outs WITHOUT any renovations. No product like this (large townhome/condo units with W/D hookups, private driveways, and backyards/patios) exists in the market on this scale. 2-Yr Tax-Adjusted Cap rate of over 8%. Click the link below to dive in: https://lnkd.in/eYJjHC-s

🌿💼 Commercial landscaping isn't just about aesthetics; it's an investment that adds tangible value. Boost property appeal, improve air quality, and enhance the overall experience. LMC Houston elevates your commercial property's value through expert landscaping. #ValueInLandscaping #CommercialPropertyEnhancement #LandscapingHouston