Golden Palms Apartments is a 33-unit, multi-family value-add offering in a high-demand Fort Lauderdale location with nine buildings and a pool. The property features a unique unit mix of one- and two-bedroom units with an average unit size of 667 square feet and is currently 97% occupied.
The property location is ideal. In the immediate area, there is minimal supply and weak competition. With surrounding area developments contributing to rent growth. Most desirable workforce job access, close to major demand drivers such as Port Everglades, Fort Lauderdale–Hollywood International Airport, Florida Atlantic University.
Partner investors have the tremendous opportunity to achieve substantial rent gains through moderate interior and exterior renovations.