Property Description: (#1000)

Industries: 
Opa Locka 102 Unit Portfolio
List Price: Undisclosed
Cap Rate:
NOI: 

Introducing an exceptional off-market portfolio of 102 units in the thriving area of Opa Locka. This portfolio presents a rare and lucrative investment opportunity for savvy investors looking for a value-add property in a high-demand market.

Comprising a diverse range of residential units, this portfolio offers a mix of apartment complexes or multi-family buildings that are primed for value enhancement. The properties within the portfolio are well-located and strategically positioned to capitalize on the growing demand for housing in Opa Locka.

Each unit within the portfolio has the potential for significant value appreciation through targeted renovations and property management improvements. With careful upgrades and attention to detail, you can transform these properties into highly desirable residences that meet the needs of the local rental market.

Opa Locka is a dynamic and rapidly evolving area, known for its strong rental demand and proximity to major employment centers, transportation routes, and amenities. This prime location ensures a consistent pool of potential tenants and contributes to the long-term growth potential of the portfolio.

Investing in a value-add portfolio allows you to capitalize on the opportunity to increase rental income, optimize operating expenses, and improve overall property performance. By implementing strategic renovations, updating unit interiors, enhancing common areas, and implementing professional property management, you can attract higher-quality tenants and achieve higher rental rates.

This off-market portfolio of 102 units in Opa Locka presents a unique chance to acquire a value-add investment with significant upside potential. As an off-market opportunity, it offers exclusivity and the potential for favorable terms. Don't miss out on the opportunity to secure a substantial portfolio in a thriving market and unlock its full potential through strategic value-add initiatives. Seize the opportunity to make a lasting impact in the Opa Locka rental market and realize substantial returns on your investment.

 

Please see below the highlights:
  • Multifamily Portfolio Opa Locka, FL 
  • Asking Price: $17.5M
  • 13 Properties 
  • Total units:102
  • All Units Updated 
  • All rents raised have been raised to the current market of $1650-1700 a month. Some units' new leases have not gone into effect yet until their old lease expires. 
  • Rent Roll is in the Deal Room
  • Photos are in the Deal Room
  • Demographics and Income report in the Deal Room
  • Opa Locka Google Maps Point in the Deal Room
  • The value add is the NOI will go much higher once all new leases go into effect. Only around 19% of new leases have gone into effect. 
 
 
Opa Locka 102 Unit Portfolio
Jamil El Srouji
(561) 542-4468
Florida Licensed:
  • Real Estate Broker Sales Associate BK3424645 
  • Community Association Manager CAM56190
  • Certified Building Contractor CBC1266085