16 APT UNITS - 21613
NORTH MIAMI BEACH , NORTH MIAMI BEACH , FL, 33162, USA
$1,000,000 to $2,000,000
Jul 02, 2012
story multifamily building in the city of North Miami Beach. Property is composed of 16 apartment units which are 100% occupied. Each unit has wall/window air conditioning units, tile floors and individual electric meters. Property construction is CBS with concrete roof. Ample parking with 22 surface parking spaces. Property and units are well kept. Recent renovations have taken place in some units such as new kitchens, kitchen equipments and bathrooms. Also in approximately 20 days laundry area will be finished with brand new washers and dryers equipment. Corner location. Building has gated entrance and fenced in pool. Property 40 year certification will be due on 2013. Low maintenance property.
Units area leased below market value. Rents can be raised
between $25.00 and $50.00 per unit when leases expire. Also income from new laundry is not taken into consideration. It would approximately between $500 to $600 weekly.
FOR MORE INFORMATION PLEASE CONTACT SANNDRA OSORNO@954-260-5009