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305-600-1278
Real Estate Company
29929 Sw 159, Homestead, FL 33033
- $7,000,000
- 1,058
- SqFt
- List Price
- $7,000,000
- MLS
- A12118742
- Complex Name
- School House Sub
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 1,058
Property Description
We are pleased to offer a portfolio of eight multifamily buildings totaling 31 units Homestad- Florida City area, in South Miami-Dade. The buildings are low-rise walk-up properties (one- and two-story) with a unit mix weighted toward 2-bedroom/1-bath apartments. The portfolio is currently 67.7% occupied (21 rented, 10 vacant), and the units are in need of improvement. BLDG 1 & BLDG 8 are two-story buildings with 4 units each. In our assessment, with additional work each could be converted into an 8-unit building, doubling the unit count in each building (from 8 units to 16 across the two) and bringing the portfolio from 31 to 39 units
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Additional Information
- Days on Market
- 0
- Style
- Quadruplex, Fourplex
- Year Built
- 1973
- Development Name
- School House Sub
- #Stories
- 2
- Construction Type
- Concrete Block Construction
- Section
- 8
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Listing Courtesy of Albo Realty Group Inc., Contact: