MULTIFAMILY PRINCETON TOWNHOMES | 24705 SW 129th Ave
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MULTIFAMILY PRINCETON TOWNHOMES 24705 SW 129th Ave
15 Unit Apartment Building $6,750,000 ($450,000/Unit) 5.11% Cap Rate Homestead, FL 33032
Investment Highlights
- PRINCETON SUBMARKET
- TOWNHOME, SPACIOUS ALL 3 BDRM
- NEW CONSTRUCTION
Executive Summary
15 townhomes for sale. Multifamily built in 2022. occupancy is 94%. All units have 3 bedrooms and 2 baths. Amenities include terraces and private enclosed yards.
Property Type: Multifamily Townhomes
Number of Units: 15 townhomes
Year Built: 2022
Occupancy Rate:94%
Unit Configuration: All units have 3 bedrooms and 2.5 bathrooms.
Amenities: The property offers amenities such as terraces and private enclosed yards.
Property Type: Multifamily Townhomes
Number of Units: 15 townhomes
Year Built: 2022
Occupancy Rate:94%
Unit Configuration: All units have 3 bedrooms and 2.5 bathrooms.
Amenities: The property offers amenities such as terraces and private enclosed yards.
Data Room Click Here to Access
- Offering Memorandum
- Third Party Reports
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Crown Molding
- High Speed Internet Access
- Yard
- Dining Room
Site Amenities
- Controlled Access
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 15 | $2,800 | 1,450 - 1,600 |
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PROPERTY TAXES
| Parcel Number | 30-6923-000-1142 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,356,100 |
PROPERTY TAXES
Parcel Number
30-6923-000-1142
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,356,100
zoning
| Zoning Code | R2 (Multifamily) |
| R2 (Multifamily) |
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MULTIFAMILY PRINCETON TOWNHOMES | 24705 SW 129th Ave
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