Lokation
Listed by Lokation
$7,600,000
AZURE
Details
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 17,154
Units 23
Cap Rate 5.46%
NOI $415,000
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.29%
Pro-Forma NOI $554,000
Price per SqFt $443
Broker Co-Op Yes
Year Built 2014
Year Renovated 2014
Buildings 2
Stories 2
Lot Size (SqFt) 23,086
Zoning Sec. 150-060 – R-3A District
Parking Spaces 24 spaces
Parking per 1,000 SqFt 1.40
Investment Type Stabilized
Multifamily | 5.46% CAP | 23 Units
Marketing description
INVESTOR Opportunity in Miami Springs. ONLY 30% DOWN. OSCEOLA APARTMENTS-HOTEL or MULTIFAMILY. A historic 2-story V-shaped building featuring 23 apartments arranged around a central, courtyard. Each wing of the V extends is a 2-story building, with additional 1-story building housing 5 studios. OSCEOLA exemplifies the Mission Revival architectural style. Flat roofs & irregular parapets Towers with distinctive openings. Prominent water spouts Mission bell cote motifs Rough-textured stucco finishes. FULL MAJOR RENOVATION in 2014, the exterior maintains its historic 1926 charm. Situated near Golf Course, Miami Inter Airport, & Freedom Park Soccer Village stadium 25,000 seats. it presents an opportunity in PRIME LOCATION. Contact me for OM-T12 and Videos.
Listing Contacts
Lokation
Listed by Lokation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$415,000.00
$34,583.33/mo
Valuation Metrics
0
DSCR
5.46%
Cap Rate
5.46%
ROI
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