WELWYN MANOR MIRAMAR A11927967

6124 PEMBROKE RD, Miramar, FL 33023

WELWYN MANOR 6124 PEMBROKE RD MIRAMAR

REMARKS:

WELWYN MANOR 6124 PEMBROKE RD MIRAMAR. Exceptional value-add multifamily opportunity at 6124 Pembroke Road, Miramar, FL 33023. This 8-unit property includes two 1BD/1BA apartments and six studio units, offering a versatile mix in a high-demand rental corridor. Seven of the eight tenants are on month-to-month leases, allowing immediate upside through rent adjustments or renovations. The property produces 140,520 in current annual gross income, translating to an impressive near-7% going-in cap rate from day onewithout raising rents. Ideally located on highly trafficked Pembroke Road, just off 441, the asset is extremely easy to rent and centrally positioned close to major highways and essentials. Additional highlights include updated mini-split A/Cs, several renovated interiors, an on-site coin laundry room, and a large garage for storage with potential to convert into a 9th unit. Seller financing is available with very attractive terms.

If you are interested in buying property located at 6124 PEMBROKE RD, Miramar, FL 33023, call us today!

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6124 PEMBROKE RD, MIRAMAR, FL 33023 - LOCATION