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4338 Forest Rd
West Palm Beach, FL 33406 West Palm Beach

$1,200,000 USD

Apartments For Sale • 4,116 SF

Property Details

Property Type Apartments
Total Building Size 4,116 SF
Year Built 1988
Cap Rate 5.97 %
Zoning RM

0 Transit Score

74 Walk Score

                
                    Highlights
                
                                 QUADPLEX PLUS LAND LOT!
                            
                                The property is 100% occupied with great tenants, generating a super strong cap rate!
                            
                                The city’s downtown is a bustling area with high-rise condos, office towers, and retail spaces.

Financial Summary (Actual)

Net Operating Income: $71,684 USD (2024)

Cap Rate:	5.97 %
Total Expenses:	$15,316 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	5.6 mi
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	12 min	-	5.7 mi
Airport	Drive	Walk	Distance
Palm Beach International	6 min	-	2.2 mi

David Joseph 561-789-7726 The Keyes Company

4338 Forest Rd West Palm Beach, FL 33406 West Palm Beach