Steven Rodriguez
Office: 954.900.9811
Cell: 954.937.4887
1241 Sharazad Blvd, Opa-Locka
$19,500,000
0 Bed
0 Bath
0 Acre
0 Garage
Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and all in the municipality of Opa-Locka.
All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024’s increments, this portfolio will be generating $1,666,464 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.
Essential Information
MLS® #A11509916
Price$19,500,000
Bathrooms0.00
Acres0.00
Year Built1954
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address1241 Sharazad Blvd
Area21
CityOpa-Locka
CountyMiami-Dade County
StateFL
Zip Code33054-3485
Additional Information
Date ListedJanuary 7th, 2024
Days on Market113
Listing Courtesy of
Fausto Commercial Realty Consultants Inc
LISTING MAP
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