28 APARTAMENTS MULTI FAMILY BUILDING IN NORTH MIAMI

Listing ID:
MIAMIFL001-N589

Confidential, Florida, United States

Real Estate Property Managers

Listing Status: Active

Sunbelt of Miami

View all listings from this office
Phone: (866) 910-8873
Fax: (305) 728-5288

The following broker is assigned to this listing:

Eugenio Crespo

ecrespo@sunbeltnetwork.com
Cell: +1 (786) 306-9568

Description

Great Multifamily complex in North Miami of 28 apartments. Well communicated area, very close to West Dixie Hgwy. 13 Aparts x 1Bed, 13 Efficiencies, 1x2Bed & 1x3Bed. Low rents, fully occupied. Complex renovated within last year, 485k spent on it, hurricane windows & doors, certified electric system and fire alarm, all apts have ceramic tile floors, most of them new kitchen (granite) and bathrooms. Currently 8% CAP, Seller financing availab. and possible assumption of 570k mortgage for qualified buyers!

Financials

Asking Price:$1,850,000
Revenue:$214,448
Cash Flow:$148,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:N/A
Inventory Asking Price: N/A
Financing Available?No

Property

Real estate is unavailable for this listing.

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1958
Year Acquired:1958
Full-Time Employees:N/A
Part-Time Employees:N/A
Reason For Sale: