Courtesy of: Issabella Silverstein, RE/MAX Advance Realty, SilversteinRealEstate@Outlook.com
Courtesy of: Issabella Silverstein, RE/MAX Advance Realty, SilversteinRealEstate@Outlook.com
$1,500,000
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1 bed
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2.00 Bath (2 Full)
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|
Quadruplex
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$1,500,000
1118 NW 31 Av 14 APARTMENTS +BONUS (4 MAYBE POSSIBLE ADDITIONAL APARTMENTS) Investment Opportunity, multifamily, Airbnb, Motel. 16 units (14 studios, 2 one bedrooms) + bonus. (4 shell condition studios with plumbing). Renovated, impact windows, new roof, etc. Minimum potential income as Multifamily: 14 studios $1, 300 month = $218, 400 YEAR / 2 one bedrooms $1, 500 month = $36, 000 YEAR. Minus expenses: $35, 000 YEAR. Total NOI: $219, 400 YEAR. Equal 11.2% Cap. Rate.
Courtesy of: Issabella Silverstein, RE/MAX Advance Realty, SilversteinRealEstate@Outlook.com
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