Miami Mortgage News

235- 5816 NW 23rd St

May 16th, 2017 6:59 PM by Nour Ailan

5816 NW 23rd St

This portfolio package consists of 18 residential units. The units are centrally located in the Miami-Dade and Broward County areas. The portfolio is being sold collectively with a Transferable Mortgage debt: $3,175,125.00. This portfolio consist of 11 duplexes, 2 Fourplex, 2 triplex and 3 single family homes totally 45 units. The rental portfolio has 54% section 8 tenant occupancy at market value .The Portfolio presents investors the opportunity to invest into 19 properties with separate folios above average cash flow beginning on day one of purchasing. Most of all the properties have received numerous major capital improvements and are being delivered turn-key. Portfolio is currently running at a 91% Occupancy with the ability to increase the rental income on the some of the properties to market rents.

South Florida Miami-dade and Broward County

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