Listed by RE/MAX 360 Real Estate
$6,000,000
PRINCETON TOWNHOMES
Details
APN 30-6923-017-0010
Property Type Multifamily
Sub Type Apartment Building
Square Footage 23,475
Net Rentable (SqFt) 19,996
Units 15
Cap Rate 5.5%
NOI $329,708
Occupancy 90%
Broker Co-Op Yes
Class B
Year Built 2023
Buildings 1
Stories 2
Lot Size (SqFt) 32,670
Zoning UC R
Parking Spaces 29 per unit
Investment Type Stabilized
Ownership fee simple
PRINCETON sub market, new build in 2023, 100% occupied
Marketing description
24705 SW 1 29 AVE | MIAMI, FL 33032
RE/MAX 360 proudly presents Princeton Townhomes.
Princeton Townhomes consists of a roughly 32,670 SF Lot with (15) brand-new modern designed (2)
story townhomes. Five similar models ranging in size from just under 1,400 SF to 1,550 SF
Princeton is quickly becoming the jewel of South Dade with major developers like LENNAR and DR
HORTON in full mode
Princeton Townhomes offers a fantastic point of difference directly
what is quickly becoming "Princeton's" main corridor
Investment highlights
Folio: 30-6923-000-1142
Lot Area: 32 , 670 SF
15 Units | 3 Beds | 2 . 5 Bath
Built 2022
Cashflow Multi- Family
Listing Contacts
Listed by RE/MAX 360 Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$329,708.00
$27,475.67/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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