202,273 SF Apartment For Sale — $8,900,000 — 2221 NW 58th Ave, Lauderhill – #81918

Executive Summary
Coldwell Banker Commercial Realty is pleased to announce the availability of Enclave Hills Apartments, located at 2221 NW 58th Ave, Lauderhill, FL 33313. The property is situated on approximately 66,998 square feet of land and is zoned RM-22, providing a multifamily residential designation within the City of Lauderhill.
The asset consists of 44 multifamily units, offering an attractive mix of eight (8) 1-bedroom/1-bathroom units, twenty (20) 2-bedroom/1-bathroom units, and sixteen (16) 2-bedroom/1-bathroom and half bathroom units. The property is currently 100% occupied, with one unit leased through the Section 8 Housing Choice Voucher Program, providing an element of government-supported rental income.
The ownership has invested in several capital improvements to the property, including impact windows, electrical upgrades, and other capital expenditures, helping enhance the asset's overall condition and long-term functionality.
With a strong concentration of two-bedroom units, full occupancy, a desirable multifamily zoning designation, and recent capital improvements, Enclave Hills Apartments presents an opportunity for an investor seeking an established multifamily asset in Lauderhill's Broward County market.

Allowed by right

One-family detached dwellings, Townhouses, rowhouses and connected dwelling units, Family day care home (special regulations Art. III Part 5.0), Multi-family attached dwelling units, Live entertainment (indoors) (special regulations), Special residential facility, Categories 1 and 2, House of religious worship and attendant educational, nursery, Sunday school and recreational facilities (not elementary school or child care facility)

With special approval

Childcare, day (special exception), Mixed use, only within a Mixed Use Overlay Zoning District or SmartCode Transect (special exception)