1850 Forest Hill Boulevard West Palm Beach, FL 33406
Other
MLS #: RX-11101773
Courtesy Of Exp Realty LLC
Property InformationDescription
VALUE-ADD OFFICE COMPLEX. First time on market. Prime corner location on Forest Hill Blvd. 4 parcels totaling 4.21 acres with 3 buildings and 52,463 rentable SF. Significant upside potential through professional management. Increase NOI immediately by leasing 76,227+ SF of available space and enforcing CAM recovery clauses. Major long-term growth opportunity by marking significant below-market rents to current rates as leases roll over. Recent major capital improvements de-risk the investment. Ideal for a 1031 exchange or long-term investor seeking substantial equity creation.
Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 44
- Cooling System: Electric
- Cooling System: Central Air
- Floor Covering: Other
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: FLA MANGO GROVELETS ADDN NO 1 AMND LT 2 (LESS WLY 567 FT) & TH PTOF LT 3 LYG SELY OF & ADJ TO FOREST HILL BLVD BLK 6
- MLSID: RX-11101773
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