ITEM ID #5047
22 Units xxx Walnut Drive, Farmington, New Mexico
We will pass the current seller financing, at its current terms. The rest would need to be cashed out closing. No additional seller financing available. The whole reason I’m selling is to free up cash this time.
Seller Financing
$530,000 at 6.25% for 5 years(2,80 month payments) expire 2031
New boiler put in last year
Asking Price $990,000 plus buyer pays 6% Commission.
Year built in 1950
590 sq. ft. average unit size
2 stories
NOI $44,424.00
Pro Forma NOI $69,924.00
Item #102
Nashville, TN 8 LUXURIOUS TOWNHOMES IN DOWNTOWN NASHVILLE WITH A ROOFTOP HOTUB & INCREDIBLE CITY VIEWS PURCHASE PRICE PER THE SELLER OF $9,600,000 PLUS THE BUYER PAID 5% REAL ESTATE COMMISSION !
Item #105
HEMPSTEAD, NEW YORK
18 UNITS MULTI-FAMILY 19,000 Sq. Ft.
RARELY DO YOU AS AN INVESTOR WALK INTO A GREAT OFF MARKET 6.2% CAP THEN IS GIVEN THIS VALUE ADDED OPPORTUNITY TO INCREASE RENTS EXPONENTIALLY AS THERE ARE 4 VACANT UNITS, SOME LOW INCOME SECTION 8 AND SOME FREE MARKET RENT UNITS, W.O.W!!!!!! PURCHASE PRICE PER THE SELLER OF $5,400,000 PLUS THE BUYER PAID 5% RE COMMISSION.
Item #106
HEMPSTEAD, NEW YORK
OFF THE MARKET FIVE UNIT MULTI FAMILY VALUE ADDED ASSET IN HEMPSTEAD, NEW YORK *
PURCHASE PRICE PER THE SELLER OF $935,000 PLUS THE BUYER PAID 6% REAL ESTATE COMMISSION
Item #107
FLORIDA WELCOME TO THE SUNSHINE STATE AND TO THE 300 MULTI-FAMILY UNITS IN VERY UPSCALE HOLLYWOOD, FLORIDA
PURCHASE PRICE PER THE SELLER OF $104,500,000 PLUS THE • BUYER PAID 3% REAL ESTATE COMMISSION
Item #109
BRONX, NEW YORK
PURCHASE PRICE PER THE SELLER OF $9,900,000 PLUS THE BUYER PAID 4% REAL ESTATE COMMISSION MAJOR PRICE REDUCTION: OUTSTANDING, GREAT TWO CONTIGUOUS OFF THE MARKET MULTI-FAMILY ASSET OF 65 UNITS PLUS TWO STORES AT A 7% CAP RATE WITH SELLER FINANCING & LOAN ASSUMPTION IN THE BRONX NEW YORK
*HIS SAYS IT ALL: SELLER'S CREATIVE-NESS TO SELL, 25% BELOW FAIR MARKET VALUE IN PURCHASE PRICE, SELLER CARRYBACK AND LOAN ASSUMPTION.
Item #110(SOLD)
OFF THE MARKET 105 UNITS IN LAFAYETTE, LOUISIANA.
THIS VALUE ADDED MULTIFAMILY PROPERTY HAS A GREAT SELLER CARRYBACK!
PURCHASE PRICE PER THE SELLER OF $8,950,000 PLUS THE BUYER PAID 5% REAL ESTATE COMMISSION
Note: This property is OFF MARKET, therefore the address is protected. • FOR MORE INFORMATION ON THIS PROPERTY PLEASE RESPOND WITH YOUR NAME, PHONE NUMBER AND EMAIL. THANK YOU!
Item # 111
BROOKLYN, NEW YORK
THERE IS A MAJOR PRICE REDUCTION OF THE PURCHASE PRICE. IT WAS $12,250,000 AND IT HAS NOW BEEN GREATLY REDUCED TO $10,000,000 (VERY FIRM) PLUS THE BUYER PAID 5% REAL ESTATE COMMISSION
(DELIVERABLE WHILE AVAILABLE. THE OFF THE MARKET, MUST STAY OFF THE MARKET, PLEASE DO NOT LET IT GO VIRAL).
On this BROOKLYN 83 unit multi-family asset, this is 83 units for $10MM plus the buyer paid commission. Please use this Offering Memorandum.
THIS IS VERY CLOSE (ALSO IN BROOKLYN) TO A NEW 93 UNIT APARTMENT BUILDING, SAME SELLER & ALSO FOR SALE AT $59,000,000.
HERE THE PRICE IS $10MM (NET) REDUCED FROM $12.5M. THERE IS AN ASSUMABLE MORTGAGE OF $5.7MM, PLUS THE SELLER WILL HOLD PAPER FOR $1M.
YOU ONLY HAVE TO PUT DOWN $3,3M. ALL THE UPDATED INFORMATION NEEDED IN FORMAL DUE DILIGENCE.
WOW!! UNBELIEVABLE DEAL. NEW ROOF, ELEVATORS, BOILER, NEWLY RENOVATED APTS, HIGH END KITCHENS, NEW APPLIANCES, BATHROOMS ; VERY LARGE ROOMS; ADDITIONAL INCOME IN THE BASEMENT.
Current NOI: $1,098,792 - $586,283 = $511,509
MAJOR DISCLOSURE: THERE WAS A FIRE IN THIS BUILDING.
THERE WAS SUBSTANTIAL SMOKE AND WATER DAMAGE
FROM THE FIRE AND THE FIRE TRUCKS.
THE INSURANCE COMPANY PAID OFF TO THE SELLER TO
THE TUNE OF $1.6M. THERE WERE 14 UPPER UNITS THAT
WERE AFFECTED, ONLY. THOSE UNITS HAVE BEEN
REMEDIATED & REMODELED AND THOSE 14 UNITS
ARE BETTER THAN EVER AND WILL LEASING FOR
RENTS THAT WERE HIGHER THAN BEFORE
CREATING MORE CASH FLOW AND RETURN ON
INVESTMENT FOR THE CURRENT SELLER AND THE
BUYER, FOR YEARS AND YEARS TO COME.
Item #112(SOLD)
BRAND NEW -- PHOENIX, ARIZONA COMMERCIAL ASSETS IN THE "VALLEY OF THE SUN" FROM ONE SELLER.
YOU CAN BUY ONE OR MORE THAN ONE
FOR SALE -
95 Units - Prime Location!
ASKING PRICE: $12,500,000 plus buyer pays 5% commission
PROPERTY HIGHLIGHTS
95 units - Mostly 2bd/2ba Units
Value-Add Opportunity @ $130k/unit
Address will be provided with the buyer providing a Letter of Intent and a verifiable proof of funds.
7.2% Pro-forma Cap Rate
94,226 Total SF = $133/SF
Great Curb Appeal Potential - Corner
Property on 2 Major Streets
Spacious Rental Office & Large Clubhouse
Substantial Courtyards & Pool Area
Private Balconies on Each Unit
Community Pool (needs remodeling)
SALE OVERVIEW
$12,500,000 plus buyer pays 5% commission
3.4 Acres
Building Size 93,000SF
NOI $908,000.
CAP Rate 7.26%
Item #113
PHOENIX, ARIZONA.
FOR SALE - Land for 55 Units Ready to Build -
PROPERTY HIGHLIGHTS
Ready to Build - Permit Ready
3.5 acre parcel with plans for 55 units. Address will be provided with the buyer providing a Letter of Intent and a verifiable proof of funds.
2 story maximum for Glendale R-4 zoning
Site plan approved with city
Design and zoning approved
Construction docs approved and ready for permit to be pulled
Single story units, two story buildings
Property was designed with a management office onsite
70% Spacious 2 BR, 2 BA 1,122 SF units with split floor plans and balconies
30% Spacious 1BR/1BA with 722 SF units.
Washer/Dryer in each unit
Item #114
MIAMI, FLORIDA 33147 (SOLD)
PURCHASE PRICE PER THE SELLER AT $6,300,000 PLUS THE BUYER PAID 5% REAL ESTATE COMMISSION.
THIS IS THE OFF THE MARKET
1. LOCATION IN MIAMI
2. 100% OCCUPANCY, WAITING LIST
3. AN OPPORTUNITY ZONE
4. HOW ABOUT THAT CAP RATE
38 MULTI-FAMILY UNITS...
THE MAKEOVER OF MIAMI-DADE COUNTY IN NOTHING LESS THAN AMAZING.
DOWNTOWN, HIALEAH, BRICKELL, ALLAPATAH, LITTLE HAVANA, LITTLE HAITI,
NOW LIBERTY CITY
Current Income:
Gross yearly Income: $590,400
Expenses: $130,207.60
NOI: $460,192.40
Cap rate: 7.79%
__________________________________________
Pro-forma:
Gross yearly Income: $775,687
Expenses: $190,607
NOI: $585,080
Cap rate: 9.46%
Property Info: Building size: 19,608 Sq. Ft
Lot size: 17,600 Sq. Ft Year built: 1958 Zoning: T4-O
-__________________________________________
Unit Mix:
33 – One beds one bath
5 – Two beds one bath
1 – Retail store
The property is located in an opportunity zone where
section 8 is renting at:
One Bed one bath - $1,465
Two Beds one bath - $1,839
Retail:
Currently operating as a mini-market.
Retail store has a value of over $600K at a 7% Cap
Currently producing $3,624 per month_________
Zoning: T4-O
Zoning allows for an array of uses including residential, ground floor commercial,
short- term rentals, office, Community Residence, Bed & Breakfast, Entertainment Establishment,
Food Service Establishment, Recreational Facility, Religious Facility, Research
Facility and more.
Location:
The is Building located on a developing Main Corridor, located two blocks away and on the main commercial drag adjacent to the New Liberty Square project, an area changing with a $300M+ master plan project by the Related Group to redevelop 55-acres
with 1,400 new apartments.
700 new apartments are already built with lifestyle amenities such as arts and
culture sites, high quality educational facilities, health centers, parks and recreation,
social services, and more.
This project is changing and uplifting the vibrancy and demographics of the area.
Located just minutes from I-95 and conveniently close to Downtown Miami, Miami Beach, Port of Miami, Design District, Midtown,
Miami International Airport, Wynwood, the Billion dollar domed baseball stadium and the home to the Major League Baseball Miami Marlins.
This was built on the site of the iconic Orange Bowl that stood since 1926 in an area known as Little
Havana and the MiMo District. It is amazing and the values that have changed
in the past 25 years.
Gentrification:
Miami neighborhoods with higher elevations such as Liberty City are experiencing
increasing real estate values. By 2017, Liberty City, along with Little Haiti , started
*becoming more attractive to investors. A community land trust is planned to maintain affordability for current residents. Home prices appreciated more slowly in 2018 in Miami Beach and lower-elevation areas of Miami-Dade County
Item # 115
TAMPA, FLORIDA 56 MULTIF FAMILY UNITS.
OH MY, LOOK AT THIS PRICE REDUCTION, BUYER COULDN'T CLOSE THE DEAL, NOW AVAILABLE AGAIN, A MAJOR PRICE REDUCTION.
56 MULTIFAMILY UNITS THAT'S TOTALLY OFF THE MARKET IN FLORIDA'S HOTTEST REAL ESTATE MARKET.
THIS IS STRAIGHT FROM THE SELLER. "I HAVE BEEN THROUGH THREE FAILED ESCROWS. I AM LOOKING FOR A BUYER THAT CAN CLOSE THE DEAL WITH NO DRAMA.
I HAVE REDUCED THE PRICE OF THESE 56 MULTI-FAMILY UNITS IN ONE OF THE HOTTEST REAL ESTATE MARKET IN THE NATION, TAMPA. THESE UNITS ARE CLOSE TO THE GULF OF AMERICA.
MY NEW PRICE IS EXCITING LOW AS I HAVE INSTRUCTED MY BROKER TO REDUCE THE PRICE FROM $22,750,000 TO $14,000,000 (NET) PRICE IS FIRM AT THIS PRICE, THIS IS VERY MUCH UNDER PRICED, NOW".
W.O.W., CAN THE PURCHASE PRICE BE ANY LOWER? NOW THE PRICE PER THE SELLER IS $14,000,000, REDUCED FROM $22,750,000 PLUS THE BUYER PAID 4% REAL ESTATE COMMISSION
(DELIVERABLE WHILE AVAILABLE. THE OFF THE MARKET, MUST STAY OFF THE MARKET, PLEASE DO NOT LET IT GO VIRAL.
THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO. THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT. PLEASE. NO TRANSACTIONAL. PLEASE NO ASSIGNABLE CONTRACTS.
PRIME: LOCATION IN A "STEAMY" HOT MARKET!
NO: LONGER LISTED ON CREXI. IT IS OFF MARKET
PROPERTY: IS OWNED FREE AND CLEAR
--------------------------------------------------
SELLER'S TERMS:
30 DAY DD
30 DAY CLOSE
$225,000 DEPOSIT
$25,000 GOES HARD AFTER 10 DAYS
REST OF DEPOSIT GOES HARD AFTER DD PERIOD
==============================================
SELLER FINANCE OPTION WHICH IS ALSO FIRM:
$15,000,000
$5M DOWN PAYMENT
$10,000,000 SELLER WILL CARRY
6% INTEREST RATE OVER 5 YEARS
Located in the heart of South Tampa, this 56-Unit, garden style apartment complex offers a great cash flow opportunity but can still offer more as an Independent Living or AirBnB. The property was constructed in 1968, with extensive rehab in 2006. The current owner has continued improving the property adding significant upgrades. The seller currently self manages the property.
The concrete block structure offers two stories, rectangular shape surrounding a beautifully landscaped courtyard that includes a heated/cooled in-ground pool, upscale BBQ and lounge area and a gym, offering top-of-the-line workout equipment. Pet owners are offered a pet friendly environment complete with a dog park and pet bath.
Units include a variety of one- and two-bedroom floor plans averaging 834 square feet and feature open layouts with private patios/balconies. Thirty-one units include an in-unit washer & dryer. The owner has installed hard surface flooring and upgraded cabinets and fixtures in the kitchens and baths to some of the units.
The rents continually increase, thus the CAP rate is increasing, thus the value of the property is increasing.
This, and that the seller is continuing to make capital improvements, supports the “value added” opportunities for the property.
Next month will be a dynamic month with more significant rent increases.
According to the seller there is plenty of growth to be had here.
One unit is set up for an Airbnb which does very well. It brings in roughly twice the normal rent.
The tenants pay all of their own utilities.
An amount of $75/mo. is added to their rent to cover “City Services” which include water, trash, and sewer charge.
(i.e. the rent on a 1/1 is $1,800 but they pay me $1,875.)
They are required to sign up for their own TECO (Tampa Electric Company.)
They pay their own Cable for internet, etc.
In addition they are expected to supply renter’s insurance.
Current use is as apartment rentals to families. There are two units the owner is renting as Airbnb and was considering the possibility of converting the entire complex to this use. However, the owner is at an age where retirement is more of a consideration than another project.
With PD zoning, the new owner may consider different business model options, to include:
Independent Living
AirBnB
Corporate Leasing
Property includes:
Two 2-Story Buildings
46,428 Htd SF
56-Units (24 2/1’s & 32 1/1’s, 826 Average SF)
89 Parking Spaces
Year Built: 1968 Renovated: 2018
In-ground Heated Pool
Upscale BBQ/Lounge Area
Fully Equipped Gymnasium
Pet Park and Bath Area
Public Laundry Building
======================================
Current Gross Revenue: $998,655
NOI: $480,000
96% Occupancy
Average Rent: $1480/Unit/mo.
Investment Highlights
56-Unit Apartment Building
Current Rents Below Market
PD Zoning Permits Multiple Uses
Proposed Independent Living Conversion
FINANCIALS AVAILABLE TO QUALIFIED BUYERS ONLY
NO WHOLESALERS OR SYNDICATES PLEASE
ID: 5730 MULTI –FAMILY in Beachwood, OH (Cleveland MSA); 348 Units;
no seller financing
Attractive Assumable Debt
ASKING PRICE: $80M Plus buyer pays 3 % Commission
Original Principal: $67,072,706
Current Balance: $62,000,000 (roughly)
Amortization: 30
Term: 12 years
Origination Date: 8/16/2016
Maturity: 9/1/2028
Interest rate: 4.06%
Interest Only: 4 years
THE OFFERING
The xxxx presents a rare opportunity to own a property in what is arguably the top submarket of Cleveland – Beachwood.
Beachwood is a highly-desirable suburb located in the eastern part of Cleveland. The town is known for its excellent schools and safe neighborhoods, making it a great place to raise a family. Beachwood is also home to some great shopping and dining options.
Built in 2015, and totaling 348 units, The xxxx is a high-end suburban project with a structured underground garage and a full-amenity package.
The property is expected to trade in the mid $80M range, which equates to a mid-5 % cap based on trailing tax-adjusted NOI and around a 6% cap based on Year 1 tax-adjusted NOI.
This has multiple opportunities to add value, including:
A. Increased Rents
In 2024, the property averaged 5% increases on lease trade-outs and renewals, while operating under 4% vacancy.
Compared to nearby competitors, there is significant room to grow rents. On average, The VUE’s rents are 22% less than comps with units that are 10% larger.
By upgrading “standard” units to “premium” level finishes, a buyer can charge higher rents. On average, “premium” units achieve an additional $604/unit/month in rent over “standard” units.
Incredible resident demographics, with the average resident earning $180,000/year.
B. Operational Upside
Expenses are significantly higher than typically seen for similar assets. A buyer could reduce expenses to increase NOI.
Other Income – There is no exclusive cable/internet provider in place, parking is currently optional for tenants, in-place fees are below competitors, and Valet Trash was just implemented with each new lease and renewal.
C. Repurpose Current Amenities
The Kid Room and Art Gallery are underutilized. They could be converted into a movie theater, game room, or home office for residents who work from home.
D. Attractive Assumable Debt
A buyer has the option to assume the in-place Fannie Mae loan at 4.06%. The loan would allow for max leverage at purchase, at a below market interest rate.
=============================
Address:
xxxxx Chagrin Boulevard
Beachwood OH 44122
Year Built:
2015
2024 Occupancy (As of 1/24/2025): 96%
Number of Units: 348
Number of Stories: 4 Stories & Underground Parking
Total SF: ± 372,685 SF
Average Unit Size: ± 1,071 SF
Average Market Rent: $2,020
Average Market Rent/SF: $1.89
Parking:
631 Surface Spaces and assigned underground parking or private garages for a monthly fee (see details on page 23 of OM)
Exterior Amenities
Contemporary Architecture
Resort-Style Outdoor Heated Pool
Secluded, Lavishly Landscaped Gardens
Intimate, Terraced Landscaping
Zen Garden
Relaxation Courtyard
Sculptural, Meandering Paths
Outdoor Fire Pits
Heated Underground Parking
Electric Car Charging Station
Car Wash With Vacuum
Bike Storage
Enclosed, Landscaped Dog Run
Outdoor Terrace Featuring An Outdoor Patio,
Wi-Fi, Kitchen, & Fireplace
Picnic Area With Barbecue
Interior Amenities
Attended Front Desk Concierge
Package Room With Refrigerators
Elevators
On-Call Maintenance
Clubhouse
Lounge Featuring Wi-Fi, Billiards, Multiple
Televisions, Kitchen, & Pool View
Den Featuring Wi-Fi, Entertainment Space
With A Balcony Overlooking The Pool
Smoke-Free Community
Gorgeous Views Of Downtown Cleveland
Lobby Lounge With Fireplace And Pool View
4th Floor Private Lounge With Terrace
Conference Room
Art Gallery
2-Story State-Of-The-Art Fitness Center
Yoga Studio Featuring Spin Bikes & Fitness
On Demand
Kids Play Room
PRICING $80MM Plus buyer pays 3 % Commission
CAP RATE:
6% (based on Year 1 tax-adjusted NOI)
ID: 5614
108 Units in Odessa, Texas 79761
xxx N. Dixie Blvd
Class C value add opportunity in Midland, Texas, which includes 101 storage units
Garden Style 2 story buildings
10 apt buildings and 3 mini storage buildings built in 1972
101 mini storage units
70,388 sq. ft. average unit size is 652 sq. ft.
94% occupancy
*Asking Price $7,560,000 plus buyer pays commission
7.5% cap( actual)
Current NOI $ 779K
no seller financing
=========================================================
ID: 5704
86 units in St Louis, Missouri.
"No seller financing.
Most investors focus a lot on value add and setting aside Cap Ex.
In this case, there is no Cap Ex. Just fill it with tenants. Same money just used differently."
Asking Price $4.3M + Buyer Pays 3% Commission.
9.30% CAP rate Pro-Forma.
This is a turnkey deal with great value when fully occupied and well operated. This property was recently acquired by an older gentleman who has been rehabbing his whole life and paid cash for the property and is ready to let it go. It's cheaper now because we caught him as he's getting tenants in but he did say he wasn't planning on selling it at the moment but it is only 1/3 occupied and it'd take about 6-12 months to get it fully occupied especially as he self manages the property.
Properties have been fully rehabbed (with the exception of 4 occupied units) and rents are about $25 - $75 below market. Not a heavy value add deal although with some good marketing to get it fully occupied, well run operations, some water and sewer RUBS, this could be a huge money maker and be sold for around $5.3 to $6.0 million in about 2-4 years. (with NOI at $430K to $470K)
There isn't a OM on this property. But these are the numbers that we have from seller:
Property taxes: $49,024 for 2024.
Insurance: He said $14-18/unit although we'd underwrite it at $25/door to be safe
Utilities: Trash is $360/month. Water is about $35/unit/month. Electrical is only for the perimeter and indoor lights which is around $100/month
Prop Mgmt. He self manages but once can underwrite and find a good prop mgmt company at 8-10%.
Property is comprised of:
1st building: 20 units. All 1 bd/1bath. Fully vacant (xxxx Diamond Dr, St. Louis)
2nd building: 66 units. 18x 2bd/1bath. Rest are 1 bd / bath. 28/66 occupied. (xxxx Diamond Dr, St. Louis. Across the Street)
New windows, new doors, new kitchen, new bath, new everything on the 20 unit building. They've never been lived in, and everything is brand new.
Same goes for the 66 unit one with 45 new furnaces, new condensers, new water heaters. Just as needed by unit.
The roofs are older, but they're not leaking and parking lot could use resurfacing but it's not bad.
Each tenant has their own electricity and both properties is all electric, no gas.
Our underwriting shows a 1.60 DSCR with NOI of $430k once it's occupied with 5% vacancy and 10% property management with 8% maintenance reserves. In 2 years we project NOI to be at $470k if RUBS is fully implemented with natural rent hikes. It could be sold then easily for $5.5 million or more so easily a $1million profit for any cash buyer.
Price is $4.3 million+ Buyer Pays 3% Commission.
or $50,000/door. Because of the low occupancy, I'd suggest the seller have in a mind a holding cost of about $50,000 to $100,000 till they can break even but it will be a cash cow once that's done and once NOI is at
So essentially we are talking about a property that's fully rehabbed, rents below market, and it's 9.30% CAP rate Pro Forma. Just needs to get it occupied with some good prop mgmt. request existing rent roll and some pictures for reference.
circumvention prohibited
=============================================
ID: 5543
516 Multi Family Units
Asking Price: $38.75 Million Plus buyer pays commission
(offers over $36M considered)
Address: xxxx W Tidwell, Houston, TEXAS
no seller finance or assumable on it.
89% occupied - including down units.
24 down units - combination from fire and hurricane. All down units will be completely restored and brought online by mid January. They are almost complete. Will be brought up to Premium units also. This will greatly increase the income.
Roofs replaced in 2018, Hardie plank siding.
Large 1's and all 2's have W/D connections. The property does not own any.
The "upgrades" (125) have black appliances vs white, plus light fixtures. Getting $75 premiums. Not much difference between this and the classic units.
circumvention prohibited property recorded sent to you
---------------------------------------------
ID: 5796
There are 3 buildings that have a combined total of 16 units. There is also a vacant 1 acre corner lot that is included in the sale price.
The asking price is $845,900 plus buyer pays 6% Commission
Memphis, xxx, xxx and xxx W. Market Street.
Somerville, TN 38068
Seller financing may be available for the right buyer and down payment
CIRCUMVENTION PROHIBITED PROPERTY RECORDED SENT
------------------------------------------------------------------------------------
ID: 5610
seller may consider financing with 25-30% down from buyer
Luxury 64 units Miami, Florida
Asking Price: $12,450,000 Plus buyer pays commission
===============================================
ID: 5610
xxxx Biarritz Drive
27 units
Normandy Isles, Florida
Asking Price: $8.9M plus buyer pays commission
---------------------------------------------------------
xxxxx North East. 6th Ave
32 Units
North Miami, Florida
Asking Price: $6.9M plus buyer pays commission
no circumvention info by request
==============================================================
ID: 5794
Mt. Vernon Baltimore Multi-Family/Hotel GEM
Mt. Vernon Conversion Project, W. Madison St & Park Ave, TWO Buildings
18,000 SQ. FT. above grade total, Madison St - 11,640 SQFT, Park Ave - 6,600 SQFT
Buildings are connected by a rear courtyard, Currently a combined 28 suite Hotel
Formerly a Boarding House for Students, Each suite has it's own heating/cooling system
Each suite has living room areas (Ideal for APT Conversion)
Many of the suites have original fireplaces
Can be converted back to Hotel, B&B, APT Building, Rooming/Boarding House, Retirement Community, etc.
Historic Prime Location minutes from Downtown Baltimore, NEEDS UPDATED REHAB
Current Asking Price:$1.69M for BOTH buildings plus buyer pays commission
CIRCUMVENTION PROHIBITED RECORDED SENT