Multifamily Opportunity in Coral Gables
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
Address
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Address 301 Altara Ave, Coral Gables, FL
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Country United States
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Province/State Florida
Overview
- Property ID 5980
- Price $1,795,970
- Property Type Multifamily
- Property status For sale
- Year Built 2019
- Number of parkings 3
- Units 3
- NOI $77,516
- Floors 10