Neil Road Apartments | 733 Neil Rd
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Neil Road Apartments 733 Neil Rd Immeuble residentiel 6 lots 1 127 751 € (187 958 €/Lot) Taux de capitalisation 6,61 % West Palm Beach, FL 33415
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Six Identical Large Two Bedroom Units Located in Vastly Growing West Palm Beach
- All Roofs Replaced in 2025
- Private Fenced in Backyards, Washer & Dryer Hookups, & Central Air Conditioning Throughout
- Offers Great Proximity to Palm Beach International Airport and Interstate-95
RÉSUMÉ ANALYTIQUE
Marcus & Millichap, as the exclusive listing agent, is pleased to present Neil Road Apartments, a well-maintained six-unit multifamily property located in West Palm Beach, Florida. Built in 1980, the property consists of three buildings totaling 5,310 gross square feet and 4,830 rentable square feet, situated on a 0.59-acre lot. The unit mix includes six two-bedroom, one-bathroom apartments with functional layouts that cater well to long-term tenants.
The property features in-unit washer and dryer hookups, private fenced backyards, and new central air conditioning systems throughout. Interior improvements include renovated kitchens and bathrooms in most units, boasting quartz or granite countertops, updated cabinetry, and stainless steel appliances. Bathrooms feature modern finishes including new vanities, tilework, and contemporary lighting. Each unit is separately metered for both water and electricity.
With a low-density layout and generous lot size, Neil Road Apartments offers residents a more private, residential atmosphere and ample on-site parking.
The property is ideally located just minutes from Downtown West Palm Beach, Palm Beach International Airport (less than four miles away), and key transit corridors including I-95. The area benefits from ongoing economic growth and development, drawing steady demand from both working professionals and families.
Neil Road Apartments presents a rare opportunity to acquire a stabilized, renovated asset with long-term upside in one of Palm Beach County’s most dynamic submarkets.
The property features in-unit washer and dryer hookups, private fenced backyards, and new central air conditioning systems throughout. Interior improvements include renovated kitchens and bathrooms in most units, boasting quartz or granite countertops, updated cabinetry, and stainless steel appliances. Bathrooms feature modern finishes including new vanities, tilework, and contemporary lighting. Each unit is separately metered for both water and electricity.
With a low-density layout and generous lot size, Neil Road Apartments offers residents a more private, residential atmosphere and ample on-site parking.
The property is ideally located just minutes from Downtown West Palm Beach, Palm Beach International Airport (less than four miles away), and key transit corridors including I-95. The area benefits from ongoing economic growth and development, drawing steady demand from both working professionals and families.
Neil Road Apartments presents a rare opportunity to acquire a stabilized, renovated asset with long-term upside in one of Palm Beach County’s most dynamic submarkets.
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 127 751 € | Style d’appartement | Avec jardin |
| Prix par lot | 187 958 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,24 ha |
| Taux de capitalisation | 6,61 % | Surface de l’immeuble | 449 m² |
| Multiplicateur du loyer brut | 9.7 | Occupation moyenne | 100% |
| Nb de lots | 6 | Nb d’étages | 1 |
| Type de bien | Immeuble residentiel | Année de construction | 1980 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,23/1 000 m² |
| Zonage | RM - Multi-Family - Multi-Family Medium Density | ||
| Prix | 1 127 751 € |
| Prix par lot | 187 958 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,61 % |
| Multiplicateur du loyer brut | 9.7 |
| Nb de lots | 6 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 0,24 ha |
| Surface de l’immeuble | 449 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 1 |
| Année de construction | 1980 |
| Ratio de stationnement | 0,23/1 000 m² |
| Zonage | RM - Multi-Family - Multi-Family Medium Density |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 2+1 | 6 | - | 75 |
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CONTACTS
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Daniel Cunningham -
River Rhoads -
Evan Richardson -
Dillon Majeski -
Cory Sanchez -
Jason Nowik -
Marcus & Millichap
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Neil Road Apartments | 733 Neil Rd
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