108 Apartments-21948 in Miami, Florida

Multifamily / Mid-rise / Not Disclosed , Miami Florida 33179

 
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Lee Babitt

RetroSource Commercial Real Estate, LLC

Office Phone: 954-803-3069225

Cell Phone: 954-803-3069

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Published on: Saturday, January 17, 2015 4:49:12 PM
Updated on: Saturday, January 17, 2015 4:58:01 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Florida-40952

Status: Accepting Offers

Financing: Owner Financing

Occupancy: 100%

Year Build: 1996

 

Building Size: 0 SqFt

Lot Size: 77,700 SqFt.

No of Stories: 4

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: 108 UNIT APARTMENT COMPLEX SITUATED ON A PRIVATE LAKE LOCATED JUST OFF OF BUSY NW 57TH AVENUE/RED ROAD, JUST A SHORT DISTANCE FROM I-95.RENTS ARE WELL BELOW-MARKET FOR THIS CLASSIC “TURN-AROUND” PROPERTY.SELLER FINANCING AVAILABLE!! CALL FOR MORE INFORMATION AND AGENT COMMISSION DETAILS.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 0

Commission Split (%): 0

Recent Business Opportunities:

Business Services:
Company Category Service Name Recurring Required Period Cost
Accredited Title Group Title Services Title Services No 12 month(s) $2,495.00
Recent business services opportunities. View all

 

Complete Details


Year Build: 1996

Building Size: 0 SqFt.

No of Stories: 4

Total Lot Area: 77700.00 SqFt.

No of Parking: 0

No of Total Units: 108

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Tile

Occupancy: 100%

Full Description


108 UNIT APARTMENT COMPLEX SITUATED ON A PRIVATE LAKE LOCATED JUST OFF OF BUSY NW 57TH AVENUE/RED ROAD, JUST A SHORT DISTANCE FROM I-95.RENTS ARE WELL BELOW-MARKET FOR THIS CLASSIC “TURN-AROUND” PROPERTY.SELLER FINANCING AVAILABLE!!

Actual - Cash Flow


Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2014
$1,147,155.00
$0.00
$0.00
$1,147,155.00
$0.00
0%
Cash Flow for Current Listings
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