7951 Southgate Blvd North Lauderdale, FL **6.5-7% CAP RATE** Introducing a 14 Unit Bulk Condo Portfolio Sale- 13 of 14 units are 2/2`s and 1 unit is a 1/1.5. 9 Condos in Royale Gardens Condo in North Lauderdale and 5 Condos in Versailles Gardens Condo in Tamarac. All units are rented to LONG-TERM tenants on annual leases and all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $223,000 per year, Gross Rent Roll- $370,032/Y, ROI- 6.8% Monthly COA fee at Royale Gardens is just $355 and includes reserves funding! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. BOTH Associations allow immediate renting and are investor-friendly (annual leases only!).