$19,500,000
1241 Sharazad Blvd Opa-locka, FL 33054
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$19,500,000
Est. payment /mo
77,218 SqFt
Active
1241 Sharazad Blvd Opa-locka, FL 33054
UPDATED:
09/30/2024 09:36 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 77,218 sqft
Price per Sqft $252
MLS Listing ID A11509916
HOA Y/N No
Year Built 1954
Annual Tax Amount $24,206
Lot Size 2.975 Acres
Property Description
Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka.
All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024?s increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.
All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024?s increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.
Location
State FL
County Miami-dade
Area 21
Others
Tax ID 08-21-21-002-2370
Listed by Fausto Commercial Realty Consultants Inc
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