Bel Air Apartments A pristine, fully renovated and stabilized 14 unit multifamily asset located in Opa Locka, Florida.
| Website: | https://www.nestseekers.com/4483295 |
|---|---|
| Address: | Opa Locka, FL 33054 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$2,777,000
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
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of The Alpha Commercial Advisors LLC | |