3063 Floweva Street A Palm Springs, FL 33406

AGENT'S REMARKS ABOUT 3063 FLOWEVA STREET A

****6-unit multifamily property in South Florida.**** CITY WATER** NO SEPTIC!!!!The property consists of three separate buildings on one parcel: Front triplex with two 1 bed/1 bath units and one 3 bed/1 bath unit. Rear duplex with two 2 bed/1 bath units, and standalone 1 bed/1 bath cottage. Some units feature private fenced backyards, enhancing tenant appeal and retention. One of the 1 bed/1 bath units will be delivered vacant in June, allowing for immediate rental upside. Each unit has electric meter. Current gross rents $9, 000/month or $108, 000/year. Rents significantly below market, providing a strong value-add. Market rent estimates: 1 bed units $1, 600-$1, 750, 2 bed units $1, 900-$2, 000, and 3 bed units $2, 400+. Pro forma gross income is approximately $133, 200 annua