Register below to save listings to
your account for future reference!
User login
Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
28 APARTAMENTS MULTI FAMILY BUILDING IN NORTH MIAMI
MIAMIFL001-N589
The following broker is assigned to this listing:
Eugenio Crespo
ecrespo@sunbeltnetwork.comCell: +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: |