Bel Air Apartments A pristine, fully renovated and stabilized 14 unit multifamily asset located in Opa Locka, Florida.


Property

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

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of The Alpha Commercial Advisors LLC