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123 Main Street, Miami-Dade County, FL, USA

  • Posted: 7/11/2014 4:12:15 PM

$14,000,000 USD

I have a cash flowing package available in Broward & Miami-Dade county? It's 178 units consisting of Condos, SFR's, Duplexes, Triplexes, Fourplexes, and larger multifamily properties. Seller is asking $14m. The portfolio is currently 99% leased at below market rents. The portfolio is expected to generate $1.3m in the first year of stabilized operations. Being that rents are below market you can benefit from increased cash flow and capital appreciation. The largest multifamily building has 34 units.The properties are in Miami, Miami Gardens, Hallandale, Hollywood, Dania Beach, Oakland Park, Deerfield Beach, Ft Lauderdale, Pompano Beach, Lauderdale Lakes, Lauderhill, and Coral Springs.