Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$2,777,000
Listing Courtesy of The Alpha Commercial Advisors LLC
Bel Air Apartments A pristine, fully renovated and stabilized 14 unit multifamily asset located in Opa Locka, Florida.
Description
Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and highly subsidized tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers.
Investment Highlights
-Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units
-Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade
-Assumable mortgage @ 6.4% interest
-All units individually metered for electric
-Steady 92-100% occupancy from professional property management
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11805333
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
