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906 N Riverside Dr, Pompano Beach, FL 33062 9 Units | Multifamily Property | Outer Pompano Beach/Deerfield Beach NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year Built: 1955 Lot Size: 0.2 Acres THE OFFERING INVESTMENT HIGHLIGHTS 9 Unit Value Add Opportunity Located Between The Intracoastal & The Ocean In Pompano Beach AAA Location In Walking Distance To Pompano Beach Recent Renovations Consisting Of New Flooring, Roof, Some Updated Bathrooms, And Kitchens Ideal Location To Run As Either Annual Or Daily Rentals In Walking Distance To The Newly Developed Fishing Village & Fishing Pier Surrounded By Major Highways Such As A1A, Atlantic Blvd, Riverside Dr, And US Federal Hwy 1 The Property Sits A Block Off Of A1A Which Provides Easy Access To All Major Highways CONTACT US RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH GREG MATUS TRAVIS JONES Senior Associate Senior Associate Director SVP, Investment Sales Senior Associate 954.312.1678 954.660.9813 954.312.1677 954.671.1821 954.312.1676 [email protected] [email protected] [email protected] [email protected] [email protected]

NORTH OCEAN PLACE...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year

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Page 1: NORTH OCEAN PLACE...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year

906 N Riverside Dr, Pompano Beach, FL 330629 Units | Multifamily Property | Outer Pompano Beach/Deerfield BeachNORTH OCEAN PLACE

O F F E R I N G F L Y E R

Sale Price: $1,325,000

Price / Unit: $147,222

Number of Units: 9

Current Income Cap Rate: 5.47%

Current Income NOI: $72,767

Year Built: 1955

Lot Size: 0.2 Acres

THE OFFERING INVESTMENT HIGHLIGHTS

• 9 Unit Value Add Opportunity Located Between The Intracoastal & The Ocean In Pompano Beach

• AAA Location In Walking Distance To Pompano Beach

• Recent Renovations Consisting Of New Flooring, Roof, Some Updated Bathrooms, And Kitchens

• Ideal Location To Run As Either Annual Or Daily Rentals

• In Walking Distance To The Newly Developed Fishing Village & Fishing Pier

• Surrounded By Major Highways Such As A1A, Atlantic Blvd, Riverside Dr, And US Federal Hwy 1

• The Property Sits A Block Off Of A1A Which Provides Easy Access To All Major Highways

CONTACT USRYAN WOLD (LEAD) AJ STANFORD DAN DRATCH GREG MATUS TRAVIS JONESSenior Associate Senior Associate Director SVP, Investment Sales Senior Associate954.312.1678 954.660.9813 954.312.1677 954.671.1821 [email protected] [email protected] [email protected] [email protected] [email protected]

Page 2: NORTH OCEAN PLACE...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year

POMPANO BEACH

INTERCOASTAL WATERWAY

BEACH ACCESS

N RIVERSIDE DR

Page 3: NORTH OCEAN PLACE...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year

DOWNTOWN FT. LAUDERDALE

INTERCOASTAL WATERWAY

POMPANO BEACH PIER / FISHING VILLAGE

N RIVERSIDE DR

ATLANTIC BLVD

Page 4: NORTH OCEAN PLACE...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year

N RIVERSIDE DR

POMPANO BEACH FORT LAUDERDALE MARRIOTT POMPANO BEACH RESORT & SPA

RESIDENCE INN BY MARRIOTLIGHTHOUSE POINTE

BEACH ACCESS

Page 5: NORTH OCEAN PLACE...NORTH OCEAN PLACE OFFERING FLYER Sale Price: $1,325,000 Price / Unit: $147,222 Number of Units: 9 Current Income Cap Rate: 5.47% Current Income NOI: $72,767 Year

RYAN WOLD (LEAD) AJ STANFORD DAN DRATCH GREG MATUS TRAVIS JONESSenior Associate Senior Associate Director SVP, Investment Sales Senior Associate954.312.1678 954.660.9813 954.312.1677 954.671.1821 [email protected] [email protected] [email protected] [email protected] [email protected]

NORTH OCEAN PLACECOLLABORATIVE REAL ESTATE SERVICESCONTACT A TEAM MEMBER FOR MORE INFORMATION