Olive Glenn Apartments, located at 301 NW 32 Ct, Pompano Beach, FL 33064, presents an opportunity to acquire a 22-unit multifamily property consisting entirely of two-bedroom/two-bathroom units. The property features approximately 16,679 SF of building area on a 43,552 SF lot, with each unit offering a very large, oversized layout that provides a spacious living environment highly desirable to tenants. The property currently generates approximately $396,318 in Gross Operating Income, offering investors a strong in-place income stream with potential for further upside. The property can also be purchased together with an adjacent 24-unit multifamily property, creating an opportunity to acquire a combined 46-unit portfolio with multiple properties located next to each other. Strategically located just minutes from I-95 and Atlantic Boulevard, Olive Glenn Apartments provides convenient access to Downtown Pompano Beach, major retail corridors, employment centers, and the Pompano Beach waterfront, supporting continued rental demand and long-term growth in the surrounding market.
