May 11th, 2017 2:08 PM by Nour Ailan
Dania, FL 33004 - Dania Dania BeachMF Submarket
11,914 SF Class C Apartments Building Built in 1950 Property is for sale at $2,400,000 ($201.44/SF)
26 unit portfolio, 9 individual properties-21 units are 1 bed/1 and 5 units are 2 bed/1 bath. 7 properties are on the same block and 2 properties within a few blocks. Value-add opportunity to increase vacancy and raise rents, current average rent is $800/unit for 1 bed/1 bath, market rent is at $900 and average rent for 2 bed/1 bath is $1100. All units have been updated, clean, tiled...
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