60 NW 161st St, Miami, Florida, United States, 33169

1,995,000
for Sale
18,612

About the property:

PRESENTING BISCAYNE GARDENS VILLAS, A STABILIZED RENTAL COMPOUND OFFERING A LOW-MAINTENANCE INVESTMENT WITH CONSISTENT 100% OCCUPANCY & REMAINING INTERIOR VALUE-ADD UPSIDE…. Sporting a balanced unit mix of six (6) 1 BR / 1 Bath units and two (2) 2 BR / 1 Bath units as well as an evenly varied income profile from 50% Section 8 and 50% market rate tenancies, the property features full exterior and partial interior renovation primed for long-term durability with upgrades including impact glass, central A/C, tiled floors, newer 2017 roof, completed 40-year recertification, gated courtyard, and all on-site parking and laundry. Positioned within a quiet residential pocket experiencing several brand new construction projects recently completed across the street, the property benefits from steady rental demand and reliable cash-flow from its proximity to major North Miami Beach NE 167th/NE 163rd St commercial corridor and the Golden Glades Interchange for unmatched connectivity to the entire region.
Property Type:
Apartments
Status:
for Sale
Heating Type:
0
Is Art:
Yes
Is Apartment:
Yes
Is Garden:
Yes
Is Investment:
Yes
Is Laundry:
Yes
Is Market:
Yes
Is Mix:
Yes
Is Parking:
Yes
Is Unit:
Yes
Listing ID:
A11924971

Rooms

Dimensions

Brokered by:
The Alpha Commercial Advisors Llc
Presented By: