2605-2561 NW 135 ST, Opa Locka

05-13-2022
05-13-2022

2605 NW 135th St, Miami, FL 33167

DWNTWN Realty Advisors has been retained on an exclusive basis to arrange the sale of 2605 NW 135 ST and 2561 NW
135 St, Miami, Florida, a multi-family building in Opa-Locka. This sale consists of 2, garden-style buildings totaling
29,22 SF, situated on a 43,500 SF lot. The unit mix consists of 24 one-bedroom/ one-bathroom units and 14, two bedroom/one-bathroom units. The units range in size from 550 sf- to 650 SF. The property is perfectly positioned in a residential area offering convenience to the Amazon distribution Center and employment hubs. The building needs to go through the 40 - year recertification and the buyer would assume this responsibility.

Rent roll, financials and full deal vault will be provided.

Key Property Information

Listing Status
Available
Listing Type
Call for offers
Multifamily type
Garden Style
Price
$ 5,320,000
No. of Units
38
Cap Rate
4.6%
Average Occupancy
95%
Year Built
1969
Building Size
2,922 Sq ft
Lot Size
43,500 Sq ft
No. of Stories
2
Opportunity Zone
Off
Price per unit
$ 140,000

Financial Details

Income/Expense Info
Actual
Financial Year
2022
Gross Income
$ 472,920
Operating Expenses
$ 218,468.8
Net Operating Income
$ 254,451.2
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