7.4% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius and all rented, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2007, ~1,800 sq. ft. each (1 five-bed, 8 four-bed), with spacious front/ba
7.4% actual cap rate! Rare Investment Opportunity: 9 Townhouses with NO HOA in Florida City, FL! All units are within a 2-block radius and all rented, perfect for an Owner-Manager or professional Property Manager. Rent guaranteed primarily by Section 8, providing virtually recession-proof, government-backed income. Built in 2007, ~1,800 sq. ft. each (1 five-bed, 8 four-bed), with spacious front/back yards, covered garages, and additional driveway parking for 2 vehicles. Two units recently upgraded & currently available for rent. Prime location: 6 blocks from City Hall & Police Dept., 5 mins to restaurants, shops & Florida’s Turnpike. Cash/non-appraisal offers only. This is a rare chance to own a turnkey, high-demand, easy-to-manage portfolio in an up-and-coming market!
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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