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MULTIFAMILY 90+ Unit in Homestead

$13,270,000

Overview

Property ID: 22565

Description

Green Tree Commercial is pleased to present the 100 unit multifamily. Investment has lots of potential to gradually increase (rents/income) as the new tenants come in at market rent and gradually increase rents on the long-term tenants by updating some amenities on the property. Buildings are 100% occupied with some section 8 tenants. Landlord also has a waiting list. Property has two separate laundry rooms for additional income which is not being considered. All units have central (A/C- HVAC). Tenants pay their own electricity and owner pays water and waste service removal. The roofs were replaced on all  buildings 5- 1/2 years ago. ID#22565

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