Property Details

Property Type: Multi Family Home

Bedrooms: 12

Bathrooms: 6

Total Size: 3,980 SQ FT

Lot Size: 4,800 SQ FT

Year Built: 1958

Number of Units: 6 units

Type of Units: 2 bedrooms and 1 bathroom per unit (12 bed/ 6 bath total)

Architectural design/ layout: 2 stories with parking spots in the front

Building Condition (based on pictures and conversation with owner/realtor): Turnkey (remodeled in 2022)

Comparable: 7 bed/ 6 bath – 1777 Ali Baba Ave, Opa Locka, FL 33054 sold for $940,000 in July 2023

Rental Income: 6 x 1775/month x 12 = $127,500 –> CAP RATE OF 8.45%

Reason for current sale: Tired landlord

On or off Market: Listed On-Market for $1,300,000

Any title issues: Free and Clear

How to Contact Us about this property and keep being informed of our future deals?

For additional information about this property, fill up the form on this page or click here to Contact Us

Want to be the first to get access to our wholesale deals?
1. Browse our properties here:
https://www.nadlandeals.com

2. Join our Wholesaling Off Market Facebook Group:
https://bit.ly/3Ca6Lrt

3. Join our Telegram Channel:
https://t.me/NadlanRealEstateGroup

4. Join Our Deals Newsletter:
https://www.forumnadlanusa.com/newsletter-signup/