Multifamily – 14 Units in Opa-Locka, FL – Fully-Renovated Investment Opportunity
Commercial Sale
Category: Multifamily
Price:$3,295,000
Location: Opa-Locka, FL
Year Built: 1965
Days on Market: 98
Description:
Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida. With a balanced mix of efficiently-sized BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure, low-maintenance investment perfect for 1031 Exchange buyers. Investment Highlights -Ideal unit mix with (6) 2BR-1BA units and 8 1BR-1BA units -Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade -Assumable mortgage @ 6.4% interest -All units individually metered for electric -Steady 92-100% occupancy from professional property management
Bel-Air Apartments: A pristine, fully-renovated and stabilized 14-unit multifamily asset located in Opa-Locka, Florida.
Listing Code: 1114257610