For Sale
$769,000

13130 Aswan RdOpa-locka, FL 33054

High-yield fourplex, excellent condition, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
114
Attention investors! This well-maintained 1971-built, single-story fourplex in Opa-locka, Florida (33054), presents a compelling investment opportunity. Located at 13130 Aswan Rd, Miami-Dade County, this property boasts four 1-bedroom, 1-bathroom units, each equipped with its own washer and dryer. Ample parking is available. Three units feature central air conditioning, and all units benefit from separate electric and water meters. The property features a recently installed roof with a warranty, and several units have undergone recent upgrades. Currently generating a 6.3% cap rate (not subject to appraisal), this property offers significant income potential. One unit is currently under a Section 8 lease, with an approved rent increase of $1,814 per month. The remaining units have also been notified of upcoming rent increases upon lease renewal. No tenant disturbance is required. This is a turnkey investment ready for immediate income generation. High demand and low vacancy rates in the area make this a truly exceptional opportunity. Pictures will be available soon.

Highlights

  • $769,000 asking price.
  • Fourplex apartment building in Opa-locka, FL.
  • Built in 1971, one-story building.
  • Four 1-bedroom, 1-bathroom units, each with washer/dryer hookups.
  • Ample parking.
  • Separate electric and water meters.

Property Details for 13130 Aswan Rd

Property type
Apartment buildings, Small apartment buildings
Year Built
1971
Stories
1

Location Insight

City
Opa-locka
County
Miami-Dade
State
Florida
Latitude
25.8938614
Longitude
-80.247834
13130 Aswan Rd, Opa-locka, Florida

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13130 Aswan Rd
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