Somerset Lakes Condos 2820 & 2830 Somerset Dr, Lauderdale Lakes, FL 33311

$9,500,000
$9,500,000

Overview

Introducing Somerset Lakes Condos: A Haven of Tranquility and Investment Potential

Step into a world of serenity and opportunity with Somerset Lakes Condos, nestled within the esteemed Somerset Community. Phase III of this exquisite development offers a collection of 68 units, each a testament to comfort and convenience.

Unveiling Phase III: Your Gateway to Elevated Living Discover the epitome of spacious living with our meticulously designed units, boasting a diverse mix to suit every lifestyle. From cozy one-bedroom retreats to expansive two-bedroom residences, each unit offers an abundance of space and modern amenities to enhance your living experience.

A Community Like No Other Embrace the tranquility of Somerset Lakes, where lush greenery and shimmering lakes create a picturesque backdrop for daily living. With two guard gate entrances and 24-hour security, residents enjoy peace of mind and a sense of security like never before.

Unparalleled Comfort and Convenience Indulge in the convenience of wide catwalks overlooking meticulously landscaped courtyards, elevators for effortless access, and multiple laundry rooms for added convenience. Our units are thoughtfully equipped with electric appliances, ample closet space, and central air conditioning for year-round comfort.

Investment Potential Unleashed Seize the opportunity to enhance your investment portfolio with Somerset Lakes Condos. With current rental rates below market value, investors have the potential to achieve positive cash flow from day one and unlock double-digit cash-on-cash returns. Plus, explore flexible financing options offered by the seller to make your investment dreams a reality.

Welcome Home to Somerset Lakes Condos Experience the perfect blend of tranquility and investment potential at Somerset Lakes Condos. Whether you’re seeking a serene retreat or a lucrative investment opportunity, our community offers the ideal setting to live, thrive, and prosper.

Unlock the doors to Somerset Lakes Condos today and embark on a journey to elevated living and financial success. Reach out to us today to seize this incredible opportunity!

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Details

  • Building area (sqft)::
    64,308 sqft
  • Price ($):
    $9,500,000
  • Cap Rate:
    4.62%
  • Portfolio: 68 units