178 UNIT PORTFOLIO 21795 > Multifamily / Garden Apartments

6/17/2014

• 
• Address: 18200 NW 20 AVENUE , Opa Locka Florida 33056

  Lister: Gulya Zhakupova
  • Listing ID: CL-Florida-30847
    Listing Status: Accepting Offers
    Auction: No
    
  Net Lease Investment: No
  Financing: No Financing Available
  Buisness Available for Sale? No
  Property On Ground Leased: No
  Property Status: Normal Sale
  Bldg Status: Existing
  
  Year: 0	Bldg: 121162 sqft.
  Stories: 0	Lot: 0 sqft.
  Units: 178	Furnished: No
  Occupied: Yes	Occupancy: 98%
  ACTIVE_INVESTMENT_PROPERTY False
  
  0.00
  0
  NOT_SPECIFIED
  NOT_SPECIFIED
  NOT_SPECIFIED
  ACRE
  NOT_SPECIFIED
  
  
  
  
  
  
  
  Description: Capital Commercial Real Estate Group is pleased to exclusively offer a unique investment opportunity to acquire 178 units, composed of condos, single family homes, duplexes, triplexes, fourplexes and larger multi-family properties in Miami-Dade and Broward Counties. This portfolio offering provides an opportunity to allow an investor to mitigate risk through diversity, while gaining economy of scale in a product starved market. The portfolio is currently 99% leased at below market rents. The portfolio is expected to generate pro forma net operating income of approximately $1,374,054 in the first year of stabilized operations. There has been steady demand for single family and multi-family residential product as investors view these type of assets as an opportunity to achieve higher stable yields coupled with increasing capital appreciation. Portfolio properties are located in South Florida in Miami-Dade County: Miami and Miami Gardens and in Broward County: Hallandale, Hollywood, Da