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FOURPLEX 1207 NE 1st Ave 4 Unit Apartment Building $1,256,328 CAD ($314,082 CAD/Unit) 8.61% Cap Rate Homestead, FL 33030
EXECUTIVE SUMMARY
Excellent opportunity for investors!
Fully rented. Offering stable rental income and
upside potential. New roof, Tenants are on month to month
leases, providing flexibility for future adjustments.
Year Built: 1990 and is undergoing improvements.
Shopping centers, supermarkets and highways very close.
The Cap Rate is based on a proforma of the Rents.
Don’t miss this solid investment in a growing area!
New roof.
Parking: 8 spaces.
Quick highway access (less than 5 minutes).
Close to supermarkets and shopping centers.
Fully rented. Offering stable rental income and
upside potential. New roof, Tenants are on month to month
leases, providing flexibility for future adjustments.
Year Built: 1990 and is undergoing improvements.
Shopping centers, supermarkets and highways very close.
The Cap Rate is based on a proforma of the Rents.
Don’t miss this solid investment in a growing area!
New roof.
Parking: 8 spaces.
Quick highway access (less than 5 minutes).
Close to supermarkets and shopping centers.
PROPERTY FACTS
| Price | $1,256,328 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $314,082 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 8.61% | Building Size | 4,059 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R-2 - 5700 - DUPLEXES - GENERAL | ||
| Price | $1,256,328 CAD |
| Price Per Unit | $314,082 CAD |
| Sale Type | Investment |
| Cap Rate | 8.61% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,059 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1990 |
| Opportunity Zone |
Yes |
| Zoning | R-2 - 5700 - DUPLEXES - GENERAL |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $3,071 CAD | 750 |
| 1+1 | 2 | $2,373 CAD | 557 |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 10-7907-029-0040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $441,397 CAD |
PROPERTY TAXES
Parcel Number
10-7907-029-0040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$441,397 CAD
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FOURPLEX | 1207 NE 1st Ave
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