Description
Rare Opportunity to Acquire a New Construction Multi-Family Apartment Development in South Florida. Ronnys Place is a Garden Style Apartment Complex consisting of 14 Total Units. 12 Residential Units and 2 Retail Units. This building is located in the City of Hialeah. The project consists of 9,693 SF of Living Area on 11,508 SF Lot. All the Residential Units are One-Bedroom and One-Bathroom with approximately 640 SF each. The 2 Retail Units are currently leased by one tenant with a total of approximately 1,180 SF. The building is fully leased. The unit amenities include Hurricane Impact Windows & Doors, Granite Counter Tops in the Kitchen, Ceramic Tile Floors, Central Air Conditioning, Washer/Dryer. Lower Operating Expenses with Separate Water and Electric Meters. NOI $160,206 / Cap 4.2%
-
0BEDS
-
0.26ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Rare Opportunity to Acquire a New Construction Multi-Family Apartment Development in South Florida. Ronnys Place is a Garden Style Apartment Complex consisting of 14 Total Units. 12 Residential Units and 2 Retail Units. This building is located in the City of Hialeah. The project consists of 9,693 SF of Living Area on 11,508 SF Lot. All the Residential Units are One-Bedroom and One-Bathroom with approximately 640 SF each. The 2 Retail Units are currently leased by one tenant with a total of approximately 1,180 SF. The building is fully leased. The unit amenities include Hurricane Impact Windows & Doors, Granite Counter Tops in the Kitchen, Ceramic Tile Floors, Central Air Conditioning, Washer/Dryer. Lower Operating Expenses with Separate Water and Electric Meters. NOI $160,206 / Cap 4.2%
Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2023-05-29T23:50:25.503.