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937 S.W. 7 AVENUE, Miami, Florida 33130

NOW PRICED TO SELL

INCOME PRODUCING APARTMENT BUILDING

MLSD1277186

Loopnet-15721963

Offered at $2,350,000

24 Units

Two story 24 unit apartment building built in 1990. 24 large one bedroom/one bath units all with a spacious balconies. All units have tile flooring, newer appliances and central A/C. Building has coin laundry facilities with extra income. It is 100% occupied with a waiting list. Very well maintained building with on site management. Walk to shopping, buses and recreation. 28 parking spaces/ 2 handicap. Confidential sale please do not disturb tenants or manager. Rents below market value-Proforma CAP 7.45%.

FOR PROPERTY WEBSITE AND FINANCIALS PLEASE CLICK HERE

Posted by Yoana Pelaez, P.A. on 06/19/2008 07:02 PM

Comments (6)

apartment building for sale, income producing property, miami investments, 24 unit apartment building, cap rate, rental income

Originally posted at: Yoana's Blog: 937 S.W. 7 AVENUE, Miami, Florida 33130

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6 Comments on 937 S.W. 7 AVENUE, Miami, Florida 33130

JUN

2008