1207 NE 1st Ave - Apartments FOR SALE


Homestead, FL 33030- Outer Homestead/South Dade
$900,000 USD
305-647-8805
1207 NE 1st Ave, Homestead, FL for Sale
$900,000 USD
Apartments - FOR SALE
1/8
null | 8.61% Cap Rate

1207 NE 1st Ave
Homestead, FL 33030
Outer Homestead/South Dade


OVERVIEW

Excellent opportunity for investors! Fully rented. Offering stable rental income and upside potential. New roof, Tenants are on month to month leases, providing flexibility for future adjustments. Year Built: 1990 and is undergoing improvements. Shopping centers, supermarkets and highways very close. The Cap Rate is based on a proforma of the Rents. Don’t miss this solid investment in a growing area! New roof. Parking: 8 spaces. Quick highway access (less than 5 minutes). Close to supermarkets and shopping centers.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

10

PRICE/UNIT

$90,000

CAP RATE

8.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FOURPLEX

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R-2

APN/PARCEL ID

10-7907-029-0040

ASK ABOUT THIS PROPERTY

Alberto BarreraABL Commercial RealtyMore Info
305-647-8805

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Alberto BarreraABL Commercial RealtyMore Info
305-647-8805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.