61 APARTMENTS 100% OCCUPIED-21930

Multifamily / Garden Apartments / 665 NE 133 STREET , Miami Florida 33161

 
User Profile Image

Freda Hadid

Capital Commercial Real Estate Group

Office Phone: 954-455-3366220

Cell Phone: 305-407-4783

Like us on Facebook

Share with Google Plus

Published on: Friday, June 13, 2014 6:40:20 PM
Updated on: Friday, June 13, 2014 6:40:20 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-30808

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 42,483 SqFt

Lot Size: 1 Acre

No of Stories: 0

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Capital Commercial is proud to present 61 units apartment building in Miami submarket, Class C property, one story three buildings built in 1961 and consists of 13 Efficiencies, 20 - 1 bedroom/1 bath, 19 - 1bedroom/1 bath, 20 - 2 bedrooms/1 bath and 8 -2 bedrooms/2 baths situated on a 59,626 square foot lot. The apartments features no section 8s,ample parking and laundry on premises. There are no vacancies and all tenants are on yearly leases. All units have individual electrical meters and are upgraded as needed. Located within walking distance to public schools, university, shopping and transportation.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 7.14

Commission Split (%): 2

Complete Details


Year Build: 0

Building Size: 42,483 SqFt.

No of Stories: 0

Total Lot Area: 1.00 Acre

No of Parking: 0

No of Total Units: 61

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 100%

Full Description


Capital Commercial is proud to present 61 units apartment building in Miami submarket, Class C property, one story three buildings built in 1961 and consists of 13 Efficiencies, 20 - 1 bedroom/1 bath, 19 - 1bedroom/1 bath, 20 - 2 bedrooms/1 bath and 8 -2 bedrooms/2 baths situated on a 59,626 square foot lot. The apartments features no section 8s,ample parking and laundry on premises. There are no vacancies and all tenants are on yearly leases. All units have individual electrical meters and are upgraded as needed. Located within walking distance to public schools, university, shopping and transportation.

Additional Properties


Property Tenants
  • All Tenants Are On Yearly Leases
  • No Section 8's
Property Highlights
  • 100% OCCUPIED
Property Utilities
  • INDIVIDUAL ELECTRIC METERS

Actual - Cash Flow


Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2013
$554,172.00
$0.00
$227,489.00
$326,683.00
$0.00
0%
Cash Flow for Current Listings
 LoudLister :: a Social Real Estate resource and offer engine