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$3,295,000
Est. payment /mo
6,594 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,594 sqft
Price per Sqft $499
MLS Listing ID A11805333
HOA Y/N No
Year Built 1965
Lot Size 0.272 Acres
Property Sub-Type Multi Family
Property Description
Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers.
Investment Highlights
-Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units
-Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade
-Assumable mortgage @ 6.4% interest
-All units individually metered for electric
-Steady 92-100% occupancy from professional property management
Investment Highlights
-Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units
-Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade
-Assumable mortgage @ 6.4% interest
-All units individually metered for electric
-Steady 92-100% occupancy from professional property management
Location
State FL
County Miami-dade
Area 21
Exterior
Private Pool Yes
Others
Tax ID 08-21-21-002-2350
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11805333
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Listed by The Alpha Commercial Advisors LLC