The Manors
This 26 unit property located just blocks away from the hottest area of Fort Lauderdale, fit the classic value add profile.
All apartments were well below current market rents, giving us margin to to increase rent roll while and managing expenses in the most desirable area of south Florida north of Miami.
Purchase Date:
April 2014
Purchase Price:
$1,800,000
Price Sold:
$2,900,000
Percent Return:
215%
Category:
2014
