2072 NE 169th St - Apartments FOR SALE


Miami, FL 33162
$999,000 USD
305-926-3106
2072 NE 169th St, Miami, FL for Sale
$999,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

2072 NE 169th St
Miami, FL 33162


HIGHLIGHTS

  • Best Deal in Town in North Miami Beach
  • Great Location, Only $249,750 per Apartment
  • All 4 Apartments are Leased and Below Market Value

OVERVIEW

REDUCED PRICE $999,000 - Fantastic Opportunity to Buy 4 Apartments in a Building that consisted of 12 Apartments. All Apartments are rented: Apartment #5 (750 SF) Lease for $1,800. **** Apartment #9 (1,025 SF) Lease for $1,600. **** Apartment #11 (750 SF) Lease for $1,550. **** Apartment #12 (785 SF) Lease for $1,500. **** Most of the Apartments are below Market Rent, Association Fees per month is $400 per Apartment. The Association Fees includes Water and Garbage. All tenants paid their own Electrical and each Apartment have a separate electrical meter. We are selling all Four Apartments as a Package Deal for $249,750 per each Apartment ****** Total Investment $999,000

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

12

PRICE/UNIT

$83,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R3

APN/PARCEL ID

07-2209-012-0040

ASK ABOUT THIS PROPERTY

David HeinrichThe Keyes CompanyMore Info
305-926-3106

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David HeinrichThe Keyes CompanyMore Info
305-926-3106

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