16-60 Unit multi-family in Miami, Florida—SOLD
Thinking about investing on something that can net you a great profit? well than how about this 60 unit multi-family located in Miami, Florida. All of the units on this property have an average of 1,112 Sq Ft and are all 3/3 ( I know that sounds terrific). The great thing about this building is that it was built back in 1972, but it was renovated back in 2001, and it has also received a brand new paint job in 2004. Yhe building was appraised for $6,000,000 back in 2007, but the bank wants offer!!!! so don’t hold back even $3-$4 million would make the bank think about the property.
The building has a 80% occupancy, and it has an average rent of $1,300 per month. It also includes 2 tennis courts, a big pool, a terrace, and a rentable party room for anyone looking to have a party of the year kind of deal. If you are interested in taking a look at this property, than just give UR-COUSIN Emile Farah a call for more information, and a great showing with the one person that has been in this business for over 30 years. 305-754-1000 or 305-967-7200
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