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Multifamily

Green Village Apartments

63 NE 10th St, Homestead, FL 33030

Listing Price: $1,650,000

Cap Rate
2.67%
Number of Units
12
GRM
12.91
Occupancy
95.0%
Price/Unit
$137,500
Price/Gross SF
$192.26
Gross SF
8,582

Investment Overview

The Green Village Apartments is a 12 unit apartment building located in the heart of Homestead, Florida at 63 NE 10th Street. It is made up of 12 large one-bedroom & one-bathroom units that average about 715 SF. This opportunity is a true value add deal through mild renovations and implementing proper management. The property has a current 40/10 year recertification, the electric has been updated, select units have updated interiors and there is ample off-street parking.

Investment Highlights

  • Value Add Opportunity
  • Updated Electric
  • Off-Street Parking
  • Central Air-Conditioning & Heat
  • Upside in Rental Income

Exclusively Listed By

Multifamily

Green Village Apartments

Listing Price: $1,650,000

Cap Rate
2.67%
Number of Units
12
GRM
12.91
Occupancy
95.0%
Price/Unit
$137,500
Price/Gross SF
$192.26
Gross SF
8,582

Investment Highlights

  • Value Add Opportunity
  • Updated Electric
  • Off-Street Parking
  • Central Air-Conditioning & Heat
  • Upside in Rental Income

Investment Overview

The Green Village Apartments is a 12 unit apartment building located in the heart of Homestead, Florida at 63 NE 10th Street. It is made up of 12 large one-bedroom & one-bathroom units that average about 715 SF. This opportunity is a true value add deal through mild renovations and implementing proper management. The property has a current 40/10 year recertification, the electric has been updated, select units have updated interiors and there is ample off-street parking.

Exclusively Listed By

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