South beach miami 10 family 6800sqFt two 3br + eight 2br 402k RR 87k Expense fully gut reno’d property. New roof, new windows, doors, water heater, concrete, railing, skylights, 1GB wifi. New plumbing, electric, paneling, SS appliances, bathrooms, turf landscaping, hallways, plaster, paint. Property fully turn key. (RR does not include significant upside in rent increases for new tenants & parking which will put the cap rate above 8%) full setup
South beach miami 10 family 6800sqFt two 3br + eight 2br 402k RR 87k Expense fully gut reno’d property. New roof, new windows, doors, water heater, concrete, railing, skylights, 1GB wifi. New plumbing, electric, paneling, SS appliances, bathrooms, turf landscaping, hallways, plaster, paint. Property fully turn key. (RR does not include significant upside in rent increases for new tenants & parking which will put the cap rate above 8%) full setup
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