1241 Sharazad Blvd Opa Locka, FL 33054
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyMiami-Dade
- Taxes$24,206
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID NumberA11509916
- Home Size Source N/A
- Year Built1954
- Lot Size2.97 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Zoning 4400
Exterior Features
- Waterfront Property No