PRESENTING BEL-AIR APARTMENTS: A PRISTINE, FULLY-RENOVATED AND STABILIZED 14-UNIT MULTIFAMILY ASSET LOCATED IN OPA-LOCKA, FL. With a balanced mix of efficiently-sized 1BR and 2BR units, substantial capital improvements, and optimized in-place income from both market-rate and Section 8 tenants, this property offers a secure and durable investment perfect for cash-flow motivated buyers. Step into this high-occupancy operation with minimal acquisition friction from completed 40-year bldg. recertification, well-maintained grounds, and proven management model ripe for continued appreciation as the area remains a critical employment and transportation hub for the entire region. INVESTMENT HIGHLIGHTS Ideal unit mix with (6) 2BR-1BA units and (8) 1BR-1BA units Varied income profile with majority Section 8 annual tenancies flexible market-rate tenancies (highly subsidized) in addition to flexible market-rate tenancies. Fully-renovated grounds feature impact glass, gated courtyard entry, security cameras, ample on-site parking, and clean modern facade 40-Year Recertification Completed All units individually metered for electric Steady 100% occupancy from professional property management Additional upside available by adding laundry income + upgrading finishes in remaining units -Price Per Door: $192,500 -In-Place CAP: 7.22% -Pro-Forma CAP: 8.36% -Current Occupancy: 100% NEW lease was signed for Section 8 tenant at $2,262/month, highest rent for the building.
BUSINESS OPPORTUNITY! AUTO REPAIR SHOP, GENERAL MECHANIC, SUSPENSION, BRAKES, TRANSMISSION. DON'T MISS THIS GREAT OPPORTUNITY TO OWN THIS SUCCESSFUL BUSINESS. THE SALE INCLUDES, 1 COMPRESSOR, 5 LIFTERS, 1 FORKLIFT, MORE. PLEASE, BY APPOINTMENT ONLY! CALL FOR MORE DETAIL.
Great value add investment opportunity! Units are currently rented under market value. Three units are 2 bed/1 bath, one unit is 1 bed/1 bath and the single family is 3 bed/1 bath. Both must be sold together as they share the lot/parking. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month. This is a part of a portfolio of 11 total units for sale that includes two multi-families and one single family. Seller is open to selling them together or separately.
Courtesy: KELLY RIGHT REAL ESTATE
813-321-2282
**Commercial Property for Sale – 321 Opa Locka Boulevard, Opa Locka, FL 33054** This commercial property is currently leased to a medical center under a 5-year triple-net lease at **$120,000 annually**, with scheduled rent increases each year. The property offers excellent visibility, ample parking, and a flexible layout that is well-suited for continued medical use, retail operations, service-based businesses, or future redevelopment opportunities. With its generous building size, manageable lot, and existing income-producing lease structure, this property offers strong potential for long-term returns and future growth. **Note to Buyers:** All buyers are encouraged to conduct thorough due diligence to ensure the property meets their expectations, investment goals, and requirements.
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Opa Locka is located in Florida.
