22173, Opa Locka, FL 33054

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Building Details:

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.