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45 NW 203rd Ter
Miami, FL 33169
Lake Terraces Apartments · Multifamily Property For Sale
·
118 Units
Investment Highlights
- Excellent North Miami-Dade Location, Very Attractive Resident Profile, Upside in Rental Income
- Pool & Sundeck, Playground and Green Space
- Under current ownership for over 30 years
- 9-acre waterfront site, Ability to Increase Density
- Waterfront Views from Most Units, Large Spacious Floorplans
- Managed by owner
Property Facts
| No. Units | 118 | Building Size | 116,444 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.66/1,000 SF |
| Lot Size | 8.98 AC | ||
| Zoning | 4500 | ||
| No. Units | 118 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.98 AC |
| Building Size | 116,444 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.66/1,000 SF |
| Zoning | 4500 |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Playground
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 91 | - | 760 |
| 2+2 | 27 | - | 950 |
Property Taxes
| Parcel Number | 34-1136-029-0010 | Improvements Assessment | $5,812,790 |
| Land Assessment | $3,137,210 | Total Assessment | $8,950,000 |
Property Taxes
Parcel Number
34-1136-029-0010
Land Assessment
$3,137,210
Improvements Assessment
$5,812,790
Total Assessment
$8,950,000
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