960 S Le Jeune Rd

    Miami, FL 33134
    • $5,100,000
    • STATUS: Closed
    • ON SITE: 167 days
    • MLS #: A10670257
    Sold - 09/13/2019
    $5,100,000
    SOLD - 09/13/2019
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    41
    Type:
    Commercial
    Built:
    1969
    County:
    Area:
    41

    School Ratings & Info

    Description

    The Keyes Company is proud to exclusively market Vega's Apartments, a 30 unit apartment community located at 960 South LeJeune Road in Miami, Florida. This multi-family asset offers substantial "value-add upside by exercising the opportunity to raise rents and bringing them to current market rates as renewals take place. With a strong local rental market and a vacancy rate is virtually 0%, upward leasing rates can be expected to continue well into the future.Vega's Apartments provide an investor a unique opportunity to acquire a well maintained property with the opportunity to increase income and value over time with improvements and operational efficiencies. There is strong demand in the Class C rental market- due to a short supply of affordable rental properties.

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    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-10-23T10:43:05.267.
    www.prestigergmiami.com/homes/94537950

    960 S Le Jeune Rd Miami, FL 33134

    • Price: $5,100,000
    • Status: Closed
    • Updated: 54 min ago
    • MLS #: A10670257
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    1969
    Built
    Neighborhood:
    41
    County:
    Miami-Dade
    Area:
    41
    Property Description
    The Keyes Company is proud to exclusively market Vega's Apartments, a 30 unit apartment community located at 960 South LeJeune Road in Miami, Florida. This multi-family asset offers substantial "value-add upside by exercising the opportunity to raise rents and bringing them to current market rates as renewals take place. With a strong local rental market and a vacancy rate is virtually 0%, upward leasing rates can be expected to continue well into the future.Vega's Apartments provide an investor a unique opportunity to acquire a well maintained property with the opportunity to increase income and value over time with improvements and operational efficiencies. There is strong demand in the Class C rental market- due to a short supply of affordable rental properties.
    Exterior Features

    Construction Type Cbs Construction Num Loading Doors 0 Num Parking Spaces 30 Parking Description Assigned ParkingCovered Parking Roof Description Composition Roll Waterfront Property Yn No

    Interior Features

    Cooling Description Central Building A/C Floor Description Ceramic Floor Interior Ceiling Height 0.0000 Maximum Ceiling Height 0.0000 Num Offices 1

    Property Features

    Approximate Lot Size 21000 Electric Service 220 Volts Power Flood Zone X For Sale Yn Yes Information Available Aerial Photo(S) Intended Use Investment Location Of Property City LocationNear AirportIn Residential Area Num Bays 0 Ownership Corporation Reo YN No Sale Includes Building & Land Sale Terms Conventional Security Information FencedSecurity Lighting Short Sale Yn No Style Of Property Income Non-Waterfront Tax Amount 39064 Tax Year 2018 Terms Considered All CashCash Only Typeof Property Income/MultiFamily Water Description Public Water Year Built Description Resale

    Listing courtesy of The Keyes Company.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-10-23T10:43:05.267.
     
    Prestige Realty Group, LLC
    5966 S Dixie Highway, Suite 300
    Miami FL, 33143