MANORS TWO APARTMENT PORTFOLIO
2509 NW 9th Ave, Wilton Manors, FL – Fort Lauderdale MSA
$ 0 M USD
$ 0 K USD
Renovation to interior exterior of the property
business plan & results
The property required light interior renovation of empty units, recycling the current rent roll, and improving bad debt due to poor management. The property was successfully stabilized and put up for sale.
site & Project
The site consisted of 32 apartments situated in 0.94 Acres in Wilton Manors, FL, on NW 9th Ave corridor. The property is located just east of Interstate-95 and blocks away from Oakland Park Blvd a major east-west artery through the city. The area immediately surrounding the property is primarily composed of single-family residences.
Wilton Manors is centrally located in the eastern section of Greater Fort Lauderdale/Broward County. The city if located south of Oakland Park Boulevard, between the major north/south highways of Interstate 95 and Federal Highway/US1. Wilton Manors homes include an eclectic mix of single-family homes, townhomes and condos. Recently the area has experienced tremendous economic revitalization, which has positively impacted commercial and residential property values. Wilton Manors was incorporated in 1947.