Multifamily Opportunity in Coral Gables

$1,795,970
For sale
5980 Property ID

Description

This is a great opportunity for an investor looking for a ‘plug and play’ investment in Coral Gables‘ most desirable building, Merrick Manor.

The seller will pay for a leaseback, HOA and RE Taxes for 12 months after closing.

Management of the units will also be covered by seller for the first 12 months. An ideal 1031 opportunity.

HIGHLIGHTS

  • Number Of Buildings: 1
  • Documents Available: Copy Of Lease(S), Rent Rolls
  • Cooling: Central Individual A/C
  • Heating: Central Electric
  • Flooring: Ceramic Floor
  • Construction Materials: Concrete Block Construction
  • Parking Features: Covered
  • Buyer Agency Compensation: 3%
  • Ownership: Corporation
  • Showing Instructions: Call Listing Agent

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Address

  • Address 301 Altara Ave, Coral Gables, FL
  • Country United States
  • Province/State
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Overview

  • Property ID 5980
  • Price $1,795,970
  • Property Type
  • Property status
  • Year Built 2019
  • Number of parkings 3
  • Units 3
  • NOI $77,516
  • Floors 10

Contact

Cynthia Hill

Property Agent

+1 305-967-7200
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