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Capri
575 NE 82nd Street, Miami, FL 33138

BRAND NEW MULTIFAMILY
N/A
16
8,933 SF
Multifamily
Garden/Low-Rise
Investment
6%
8.60%
100%
2
2009
14,534 SF
99 / 1,000 SF
-
Last Verified 8/31/2009
Listing ID 16263012
Highlights
Rental Income=$175,200
Expenses--Taxes,17,000,Ins.4500,Waste,3000,Vacancy,5250,Mngt,7000
Total Expenses==$37,250.
Net Income=$137,950
Description
Brand new multifamily building located just off the corner of Biscayne Boulevard and 82nd Street on the west side in the expanded Mimo district of Miami.The building feautures 16 Apts,8-1BR/1 Bath,4-2BR/1Bath and 4 Studios.The brand new Apts feature central air conditioning,microwave in each kitchen,tile floors,and insulated windows.The building comes with private parking.The building will be opening in the next few weeks and based on income and expenses the cap rate will be 8.6%.Great location,minutes from downtown,miami beach,airport and 95,First time offered.
Located in the fast developing area of mid-miami.a few feet from the corner of 82nd Street and Biscayne Boulevard.Located next to shops,restraunts and conveniant public transportation.Minutes from downtown,miami beach,and the airport.
Map of 575 NE 82nd Street, Miami, FL 33138 (Miami-Dade County)
Created 6/3/2009
Additional Information for 575 Ne 82nd Street, Miami, FL 33138
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P