Clewiston, FL 33440 700 Harlem Tenants Circle
$10,000,000
9 more
Presented By: EXP Realty LLC
Baths • 126
SQFT • 231,332
Home Details
Harlem Garden Apartments is a 126-unit, fully HAP-assisted property sitting on 18 acres in Clewiston with no property taxes. Occupancy is 97%+, rents are backed by HUD, and the asset is fully staffed and in compliance.2024 was distorted by one-time costs (insurance spike, HUD repayment, extraordinary repairs). When we normalize, NOI comes in around ~$525k. With the next HUD rent adjustment and expense optimizations, we project $650k NOI in 2026, which supports our $10MM asking price at a 6.5% cap.
Presented By: EXP Realty LLC
Interior Features for 700 Harlem Tenants Circle
Other Interior Features
Unit 1: Unit Desc1 Bedroom
Unit 2: Unit Desc2 Bedroom
Unit 3: Unit Desc3 Bedroom
Unit 4: Unit Desc4 Bedroom
FlooringVinyl Floor
Total Number of Units126
General for 700 Harlem Tenants Circle
Area5940
Assoc Fees0.00
AuctionNo
Built DescResale
ConstructionCBS
CoolingCentral
For LeaseNo
Geo AreaOther Geographic Area
Geo Lat26.734946
Geo Lon-80.946684
HeatingCentral
Legal DescriptionBEG 1460 FT S + 460 FT
LocationAgricultural Res, City, Subdivision
Misc.Landscaped
Misc.Manager on Premises, Meeting Room, Office
PossessionAt Closing, Funding
Property TypeE
RoofOther
SecuritySecurity Patrol, TV Camera
StatusActive
Stories Count1.0
Tax Year2024
Tenant PaysCable, Electric, Insurance, Water
Terms ConsideredCash, Conventional
TypeMultiFamily (5+ Units)
Type of BuildingFree Standing, Other, Resident. Multi-Fam.
UseIncome
UtilitiesCable, Electric, Public Water
Virtual TourClick here
Year Built1978
ZoningRG4
Exterior for 700 Harlem Tenants Circle
Lot Size18.10
Property DescBEG 1460 FT S + 460
WaterfrontNo
WaterfrontNone
Additional Details
Price History
Belkis Pelaez Dechurch
Realtor®
