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671 429 €

Investment project in Miami, USA

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  • Investment project in Miami, USA - picture 1
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  • Investment project in Miami, USA - picture 1
  • Property ID on Prian.info: 3293780
    Property ID on company's website: 48306
    Last update: 05.12.2020
    Number of views: 104

671 429 €

Investment project in Miami, USA


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  • Property ID on Prian.info: 3293780
    Property ID on company's website: 48306
    Last update: 05.12.2020
    Number of views: 104

Specifications

Sale price 671 429 €
Construction phase Resale
Date of construction 1951
Address USA, Miami, 6th Ave

Description

Super opportunity: 2 retail stores and 4 apartments 1bed/1bath. Price to sell $799,000 all offers will be consider. All rents are below market value:
income:
store immigration $900. 00 / month to month
store beauty salon $950. 00 /month to month
apartment 1bed/1bath = $775. 00/mm
apartment 1bed/1bath = $725. 00/mm
apartment 1bed/1bath = $725. 00/mm
apartment 1bed/1bath = $700. 00/mm
total monthly income = $4,775. 00/month
total yearly income = $57,300. 00/year
expenses:
insurance $1,800. 00
waste & water = $4,800. 00
property taxes = $7,960. 75
total expenses = $14,560. 75
net operating income = $42,739. 25
price to sell = $799,000. 00
cap return = 5. 35%. All rents are very low and below market value
potential cap return 9. 50%
40 years recertification done

Representative

Your consultant
International properties
Languages: english
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