Listed by JRE Brokerage
$750,000
Monet II: Gated 23-Unit Multifamily Complex near Florida
Details
APN 639370
Property Type Multifamily
Sub Type Apartment Building
Square Footage 18,000
Units 23
Occupancy 52%
Pro-Forma Cap Rate 13.47%
Pro-Forma NOI $101,002
Price per SqFt $42
Buildings 1
Stories 2
Zoning A4 – General Multi Family Residential
Multifamily | 23 Units | $32,609/unit
Marketing description
Monet II is a recently renovated 23-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. One unit has been converted into the office.
Currently 52% occupied, Monet II 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 I and Monet III.
Offering Memorandum https://buildout.com/sharing/monet-apartments-portfolio?file=4055593
Listing Contacts
Listed by JRE Brokerage
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
