A10935629 for Sale
12322 NE 6th Ave North Miami, FL
A10935629 for Sale
12322 NE 6th Ave North Miami, FL
Price $799,000.00
Address:
12322 NE 6th Ave North Miami, FL
12322 NE 6th Ave North Miami, FL
Construction year:
Taxes:
$8,041.00
$8,041.00
Sizes:
Architect:
Developer:
12322 NE 6th Ave North Miami, FL
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
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