COMMERCIAL CONTRACT - ALL CASH - 21 DAYS DUE DILIGENCE - SOUTH FLORIDA

8 UNITS 

Freshly painted Contemporary style 2 story apartment complex 

Has one 2 bed / 1 bath and seven 1 bed /1 bath all with central AC - private entrances, patios or balconies, Complex has 12 parking spaces guest and assigned. Total square footage under air is 4,912 total lot square ft. 14,300, 5 out of the 8 units are month-to-month. Present rents are below market value w/renovations the potential gross income $175,000 + and 6% + cap rate. Expenses are minimal with low landscape maintenance, laundry facility on premise which generates income. Excellent location minutes to beaches, restaurants, shoppes, groceries and expressway. No seller financing available. Daniel Sasse 646.331.1173

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