13201 Memorial Hwy - Apartments FOR SALE


North Miami, FL 33161
$5,350,000 USD
786-553-7228
13201 Memorial Hwy, North Miami, FL for Sale
$5,350,000 USD
Apartments - FOR SALE
1/25
null | 5.35% Cap Rate

13201 Memorial Hwy
North Miami, FL 33161


HIGHLIGHTS

  • Strong Rental Market
  • Low Vacancies on the Area
  • Booming real estate area
  • 15 minutes from the Golden Glades intersection

OVERVIEW

Dalan Realty is proud to present "Dorian Apartments", a 28 Unit Apartment complex located in North Miami Beach, Florida. Most of the units has been renovated in the interiors. The building feature improvements such as impact windows, impact doors and windows, shingle roof (2018) , gated entrance and a remote surveillance camera system. 40 year Certification passed on December 2018, next certification on December 2028. Unit Mix includes 24 one bedroom units and 4 Studios. Rent Average $1,500. Several units include granite kitchens and tile floors. All units have split air conditioning units and smoke alarms. Plenty of parking spaces on the front and rear of the property. Beautiful garden area after the parking.

FOR SALE DETAILS

PRICE

$5,350,000 USD

PRICE/SF

$343 USD /SF

# OF UNITS

28

PRICE/UNIT

$191,071

CAP RATE

5.35%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dorian Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

3800

APN/PARCEL ID

06-2230-079-0090

ASK ABOUT THIS PROPERTY

Damian NusynkierDalan RealtyMore Info
786-553-7228

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Damian NusynkierDalan RealtyMore Info
786-553-7228

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.