21 Unit apartment under contract located in Opa Locka Florida

[Brandon Gamblin]

This 21 unit apartment is located at 500 Jann Ave, Opa-Locka FL 33054, 21 units all 1/1s. This newly acquired property is located directly across from the new Amazon fulfillment center being built by the Opa-Locka Airport.

100% Occupied with rents ranging from $800 to $1,100.

Laundry facility is on site.

Section 8 approved

Bedrooms per unit: 1

Bathroom per unit: 1

Square footage: 11,710

Lot size: 27,904

Year Built: 1968

Asking Price: $2.6M

Rents: $800 - $1,100

Annual Projected Income: $201,600 - $277500

Cap Rate: 6%

ATTENTION: The rest of the financial analysis is available upon request. Property is under contract and information will be updated as we are in current negotiations with the seller. Information of property can and/or may change. Annual projected income is based on rents that can range from $800 to $1,100. Email me or text me (407-970-0648) for additional information (Photos, rent roll, expenses, etc).