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Browse More Listings in Multifamily For Sale, Miami, FL or Florida

Multifamily Property - Off Market

Capri

575 NE 82nd Street, Miami, FL 33138

Price:
N/A
No. Units:
16
Building Size:
8,933 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
6%
Cap Rate:
8.60%
Occupancy:
100%
No. Stories:
2
Year Built:
2009
Lot Size:
14,534 SF
Parking Ratio:
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)

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Created 6/3/2009

Additional Information for 575 Ne 82nd Street, Miami, FL 33138

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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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.

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Multifamily Property For Sale - Capri

575 NE 82nd Street, Miami, FL, 33138