Completed developments

102 South K St, Lake Worth Beach, FL

OVERVIEW

South K St is a four-unit multifamily building located in the heart of downtown Lake Worth Beach’s historic district. JEL Development acquired the property in May of 2018. The property underwent significant renovation before it was successfully repositioned. Once we achieved our targeted rents we marketed the property and received multiple offers at full asking price.

DEVELOPER

JEL Development

COMPLETION YEAR

2018

STATUS

Completed & Sold

PROJECT METRICS

Completed in time? YES | ROI: 16% | Cash-on-cash return: 6%

Location

102 S K St, Lake Worth Beach, FL 33460, USA
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