Description
Potential to have 15-20% ROI or more. Incredible cap rate for all types of investors. 5 units included in the price. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. 3 units active on airbnb and 2 units with long term tenants. Potential to assume the current management group so that nothing changes ! Value add opportunity as renovation could increase income. Monthly maintenance fee of $350 month and no other fees to be aware of. Electric and water included in maintenance fee. Each unit 320 sq.ft. Pets are allowed up to 100 pounds. 154 complex units. Great opportunity walking distance to the ocean in a rapidly growing area. Minutes from Sunny Isles Beach, Aventura Mall and Gulfstream Park/Shopping.
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School Ratings & Info
Description
Potential to have 15-20% ROI or more. Incredible cap rate for all types of investors. 5 units included in the price. Currently operating on airbnb bringing in $25,000 per year in gross income PER UNIT. 3 units active on airbnb and 2 units with long term tenants. Potential to assume the current management group so that nothing changes ! Value add opportunity as renovation could increase income. Monthly maintenance fee of $350 month and no other fees to be aware of. Electric and water included in maintenance fee. Each unit 320 sq.ft. Pets are allowed up to 100 pounds. 154 complex units. Great opportunity walking distance to the ocean in a rapidly growing area. Minutes from Sunny Isles Beach, Aventura Mall and Gulfstream Park/Shopping.
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