Listed by JRE Brokerage
$600,000
Monet I: Renovated 19-Unit Complex near Florida Blvd
Details
APN 770418
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,000
Units 19
Occupancy 47%
Pro-Forma Cap Rate 14.17%
Pro-Forma NOI $85,033
Price per SqFt $40
Buildings 1
Stories 2
Zoning A4 – General Multi Family Residential
Multifamily | 19 Units | $31,579/unit
Marketing description
Monet I is a recently renovated 19-unit multifamily complex.
Located just 0.4 mile off Florida Boulevard at Bon Carré.
The property includes a large parking lot, an on-site laundry facility, and a gate for secure access.
Currently 47% occupied, Monet I presents a turn-key investment with immediate income and upside through rent adjustments.
Available for purchase individually or as part of a larger 62-unit portfolio including Monet II and Monet III.
Offering Memorandum https://buildout.com/sharing/monet-apartments-portfolio?file=4055592
Listing Contacts
Listed by JRE Brokerage
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