12/13/2017
Title : New Property for Sale!!! Multi-family - 22 Units
Listing Type Sale
Property Type Multi Family
Price USD 950,000.00
Size 9,400.00 / 16,000.00 lot
Address New Property for Sale!!! Multi-family - 22 Units
Status Active
Description
Amazing 22-Unit Off-Market, CBS building in prime Liberty City location, directly next to the new future Liberty City redevelopment.
The price is only $43,000/unit. The building features 18 (1br/1ba) apartments and 4 (2br/1ba) apartments.
At market rent you will be grossing close to $20,000 monthly and $240,000 annually, giving you a cap rate of 11-12% after repairs. Rent projections are attached in SF.
Property is vacant and is needs full rehab. (building plans available)
Incredible opportunity to have a brand new building with tremendous cash flow potential.
NDA required to receive address
Over-sized lot with reserved parking for every unit and gated entrance.
Buyer to take property with liens/violations.
Building plans available.
CONTACT ME IF YOU NEED ANY INFORMATION (954)6479644