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Size
129,581 Sq Ft.
interior
Financial
$19,500,000
Change Currency
$150
Price Per Sqft
$24,206
Annual taxes
Listing Details
Multi Family
Property type
1954
Year Built
10153951
Web Id
2742997-A11509916
MLS ID
257
Days Posted
Description
1241 Sharazad Blvd,
Opa Locka,
FL
33054
Opa Locka, FL 33054
Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka. All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024s increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.
Price History
date | price | variance | type |
---|---|---|---|
1/6/2024 | $19,500,000 | - | Listed |
Listing By: Fausto Commercial Realty Consultants Inc via Data Source: MIAMI MLS
listing agent: Carlos Miranda