22173 is amulti-family property for lease in Opa Locka, FL.
Well maintained 30+ unit apartment building. This asset was built in 1967 and consist of 22,887 leasable square feet situated on a 52,500 square foot lot. This offering provides investors an opportunity to own a cash flowing asset with a going in 6.5% cap rate. This property has no vacancy rate and has a strong rental growth. While providing working class affordable housing for the community, it is also a turnkey investment that offers the savvy investor significant upside and stabilized cash flow.
The properties are composed of 4 one story buildings. All units are 1 bed / 1 bath. The buildings have separate electric meters. Property is 100% occupied. Easy and economical to operate and maintain.40 years inspection was done in 2008. (Br # 22173)
FOR ADDITIONAL INFORMATION, PLEASE CONTACT GIEDRE GASKAITE AT 786-241-9568.
Create a Property List
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.