Twin Lakes Villas 4100 NW 16th Ave Fort Lauderdale, FL 33309

Rare Financing Opportunity: Assume a $6,571,000 loan at a fixed 4.2% rate until 2032.
Spacious Layouts: All units feature 2 or 3-bedroom, two-story townhouse designs with private courtyards or front porches.
Prime Location: Situated on Oakland Park’s Twin Lakes, surrounded by single-family homes, and 100% occupied with stunning waterfront views from each unit.
Revenue Potential: Implement a chargeback program for water to significantly increase income.
Modern Amenities: New tile, premium kitchens and bathrooms, central A/C, and in-unit washers and dryers.

EXECUTIVE SUMMARY

Twin Lakes Villas offers a premier 37-unit townhouse investment in Oakland Park, Broward County, Florida. Built with reinforced concrete block construction and painted stucco exteriors, this property features modern upgrades and is perfectly positioned for new investors to capitalize on existing improvements and strong occupancy rates.

Key Property Details:

• Location: 4100 NW 16th Ave, north of Oakland Park Blvd, west of I-95

• Proximity: Adjacent to Royal Palm Park with trail, tennis courts, and playground access

• Unit Mix: 14 two-bedroom/1.5 bath, 3 two-bedroom/2 bath, 6 three-bedroom/1.5 bath, 14 three-bedroom/2 bath, totaling ~37,980 RSF

• Utilities: Individually metered for electric and water

Capital Improvements:

• Exterior: Resurfaced parking lot, painted exterior, updated pool and plumbing

• Interior: New tile, premium kitchens and bathrooms, new central A/C, washer/dryers in each unit

Investment Appeal:

• Stabilized and Turnkey: Attractive in-place income with room for growth through rent increases and utility chargebacks.

• Convenient Access: Close to major retailers, restaurants, I-95 Business Corridor, and Fort Lauderdale Executive Airport.

Twin Lakes Villas represents a rare chance to acquire a well-located, fully occupied, and upgraded asset in a sought-after area, providing both immediate and long-term investment returns.