​245 Units-Miami, C Class-Development, Miami, Florida

[Kathleen Bassett]

245 Units-Miami, C Class-Development, Miami, Florida, Asking Price: $33M 

Lot Size: 5.45 Acres Rent Sq Ft 137,481 Units: 245 Breakdown is 230 1/1, 15 Studios Class C in an A Location 2014 Revenue $2,239,248 2014 NOI $1,368,921 100% Occupancy Laundry Rooms on each floor (additional 20,000 in annual income) All units and floor space is tiled Each Unit has an Amana Wall AC/Heat Unit 12,000 BTU Roof Replaced In 2010 Good Tenants No reported Police Calls on property in 2014 No Section 8, less than 1% delinquency Can build finished Dock area for an additional 200K in dock space revenue
Living Units 250
Actual Area 390,000+ Sq.Ft
Living Area 390,000+ Sq.Ft
Adjusted Area 380,000+ Sq.Ft
Lot Size: 73, 000 +Sq.Ft
More information will be disclosed after signed NDA 

PLEASE NOTE: PRINCIPALS ONLY TO RESPOND.

Please contact us at 216-367-5690

Email address: [email protected]

4204 Detroit Road

Cleveland, Ohio 44113