101 11 ST,Free Standing, Income Non-Waterfront, Apartments, Residential-Multi-Family

101 11 ST, Hialeah, Florida, 33010

Price $2,450,000.00

  • Lot size 20250
  • Year Build 2020
  • Waterfront
  • Zip 33010
  • Style
  • Parking Description Common, Shared Parking, On Street
  • Pool Yes
  • Status Active With Contract

Description

13 unit Hialeah multi family property on 2 separate folios encompassing nearly half an acre on the entire end of the block. 8 of the 13 units have been renovated leaving ample further value add for the next buyer. Very steady and stable asset with annual term leases in the Southern buildings and MTM (2 out of 4 units) and/or section 8 (2 out of 4 units) assistance in the North building. New roofs on all buildings and all interiors left not yet renovated in the North building leaving ample further value add for those units. New laundry room. New exterior paint, landscape and MEP work completed. Please do not approach or disturb tenants. Offered free and clear of debt. Situated in an Opportunity Zone.

Financials attached. PLEASE DO NOT DISTURB OR APPROACH TENANTS.

Corner Lot

13 unit Hialeah multi family property on 2 separate folios encompassing nearly half an acre on the entire end of the block. 8 of the 13 units have been renovated leaving ample further value add for the next buyer. Very steady and stable asset with annual term leases in the Southern buildings and MTM (2 out of 4 units) and/or section 8 (2 out of 4 units) assistance in the North building. New roofs on all buildings and all interiors left not yet renovated in the North building leaving ample further value add for those units. New laundry room. New exterior paint, landscape and MEP work completed. Please do not approach or disturb tenants. Offered free and clear of debt. Situated in an Opportunity Zone.

City:Hialeah,Sewer:1:Public Sanitation,List A O R:A-Miami Association of REALTORS,Stories:1,Flooring:1:Tile,Latitude:25.8317981,Malone Id:2093350497,Heating Y N:1,Lease Term:1 To 3 Year Lease,List Price:2450000,Listing Id:A11021464,Longitude:-80.2796287,Mls Status:Active With Contract,Ownership:Corporation,Year Built:2020,Inclusions:Building & Land,Leases, Equipment,Inventory,Leases,Postal Code:33010,Street Name:11 ST,Tenant Pays:1:Telephone,Contingency:Pending Inspections,Coordinates:1:25.8317981,Gross Income:190500,Photos Count:38,Building Name:Casa Perla Apartments,Business Type:1:Residential-Multi-Family,Days On Market:64,Listing Terms:1:Cash,2:Conventional/Refinance,Lot Size Acres:0.47,Lot Size Units:Square Feet,On Market Date:2021-03-31,Parking Total:14,Property Type:Commercial Sale,Stories Total:1,Street Number:101,Open Parking Y N:1,Public Remarks:13 unit Hialeah multi family property on 2 separate folios encompassing nearly half an acre on the entire end of the block. 8 of the 13 units have been renovated leaving ample further value add for the next buyer. Very steady and stable asset with annual term leases in the Southern buildings and MTM (2 out of 4 units) and/or section 8 (2 out of 4 units) assistance in the North building. New roofs on all buildings and all interiors left not yet renovated in the North building leaving ample further value add for those units. New laundry room. New exterior paint, landscape and MEP work completed. Please do not approach or disturb tenants. Offered free and clear of debt. Situated in an Opportunity Zone.,County Or Parish:Miami-Dade County,Expiration Date:2021-12-31,Private Remarks:Financials attached. PLEASE DO NOT DISTURB OR APPROACH TENANTS.,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Parking Features:1:Shared Parking,2:On Street,State Or Province:FL,Street Dir Prefix:W,Unparsed Address:101 W 11 ST, Hialeah FL 33010,Listing Agreement:Exclusive Right To Sell,Operating Expense:48822,Security Features:1:Security Gate,2:Security Lights,Year Built Details:New Construction,Building Area Total:8853,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:20250,New Construction Y N:1,Number Of Buildings:4,Original List Price:2795000,Previous List Price:2795000,Documents Available:1:Financial Statement,2:Investment Analysis,3:Copy Of Lease(S),4:Other Available Information,5:Owner Managed,6:Rent Rolls,7:Existing Survey,I D X Participation Y N:1,Net Operating Income:141678,Syndication Remarks:13 unit Hialeah multi family property on 2 separate folios encompassing nearly half an acre on the entire end of the block. 8 of the 13 units have been renovated leaving ample further value add for the next buyer. Very steady and stable asset with annual term leases in the Southern buildings and MTM (2 out of 4 units) and/or section 8 (2 out of 4 units) assistance in the North building. New roofs on all buildings and all interiors left not yet renovated in the North building leaving ample further value add for those units. New laundry room. New exterior paint, landscape and MEP work completed. Please do not approach or disturb tenants. Offered free and clear of debt. Situated in an Opportunity Zone.,Financial Data Source:1:Owner Provided,Listing Contract Date:2021-03-31,Originating System I D:miamire,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:101,Electric On Property Y N:1,Green Energy Efficient:1:Doors,2:HVAC,3:Lighting,4:Roof,5:Windows,Gross Scheduled Income:188100,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2021-06-03,Internet Address Display Y N:1,Number Of Units In Community:13,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $2,450,000.00
  • Price Change: 2021-05-11
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 2020
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction Concrete Block Construction
  • Parking Description Common, Shared Parking, On Street
  • Flooring Type Terrazzo, Tile
  • Property Type Commercial Sale
  • Status Active With Contract
  • Listed 2021-05-11
  • Days on Market 118
  • Furnished
  • City Hialeah
  • Zip 33010
  • State Florida
  • Subdivision
  • Development Name Casa Perla Apartments
  • HOA Fees
  • Taxes
  • Taxes Year