1011, 290 , 16 , 146 Exeter, Dorset , Mansfield , Mansfield, Boca Raton, FL 33434

$449,400
3,131
SqFt

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List Price
$449,400
Days on Market
77
MLS#
B26034199
Year Built
1980
Living Area
3,131
MLS Area Major
4760

Property Description

Investor opportunity! Package sale featuring 4 condominium units in desirable Century Village. Properties include: 1011 Exeter A (2BR/1.5BA), 290 Dorset G (2BR/1.5BA), 16 Mansfield A (1BR/1.5BA), and 146 Mansfield D (1BR/1.5BA). Excellent opportunity to own multiple units in a well-maintained 55+ community with strong rental potential. Century Village offers resort-style amenities including clubhouse, pools, fitness center, transportation, tennis, theater, and more. Conveniently located near shopping, dining, and major highways. Great portfolio addition with income-producing potential. Rare multi-unit investment opportunity! Current monthly rental income of $6,175 with upside potential to approximately $6,800 per month. Estimated monthly carrying costs are approximately $3,000. Currently operating at an estimated 8.5% cap rate with potential to reach approximately a 10% cap rate.

Additional Information

Taxes
$1,967
Utilities
Other
Heating
Electric
Air Conditioning
Electric
Exterior Construction
Block
Roof
Shingle
Elementary School
Whispering Pines (Palm Beach)
Middle School
Eagles Landing
High School
Olympic Heights

Listing courtesy of Serhant.

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