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Updated 7 days ago on .

David Reich's profile image
David Reich's profile image
David Reich
  • Member since Aug 26, 2021
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David Reich's profile image
David Reich's profile image
David Reich
  • Member since Aug 26, 2021
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David Reich
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Classifieds

10 Cap, 45 unit C Class - Belle Glade, Florida

David Reich
Posted

Offering 43 unit mix of studios and 1 bedrooms with 2 small commercial stores. Cap rate is calculated after 10% Mgmt and 6% vacancy!

Need a 30 day close or less. Amazing return. Half units renovated recently. Great 1031 Investment.

Highlights:

NOI 190,000, actual

Price: 1,790,000

All cash

All cash paying tenants

15-30% upside with minimal investment

90% occupancy

Offering
Miami, Florida
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