This multi-family property in Wellington is a well-positioned income-producing asset in one of Palm Beach County’s most stable rental markets. The property consists of 8 units (8 beds / 8 baths total) across approximately 4,600+ sq ft, designed to deliver consistent rental performance.
With an estimated current market value of approximately $1.1M – $1.2M+, the property benefits from strong long-term appreciation in a high-demand, family-oriented area known for quality schools and stable tenant retention.
Based on rental comps in the area (averaging ~$2,200+ per unit), the property is positioned to generate approximately $16,000 – $18,000/month ($192,000 – $216,000 annually) in gross income.
This supports:
- Estimated ROI: 11% – 13% annually
- Estimated Cap Rate: 7% – 8.5%
With a multi-unit layout and strong tenant demand, the asset benefits from reduced vacancy exposure and consistent income across units.
Through structured management—including tenant placement, rent optimization, and proactive maintenance—the property is positioned for both reliable cash flow and long-term appreciation.
This case demonstrates how a well-located multi-family property in Wellington can deliver scalable income, stability, and long-term wealth growth when managed with discipline.