This stunning five-story Miami Investment property overlooks the shimmering waters of Biscayne Bay and the Miami skyline is the perfect investment property under the VHN Business Model. You are guaranteed a minimum 100% R.O.I in 24 months. The property has 28 one and two-bedroom apartments and will be upgraded with a rooftop lounge and other amenities such as a yacht for members and non-members to charter. The property has approximately 225 feet of direct water frontage for the yacht and other watercraft.
INVESTMENT ESSENTIALS
Investment Required: $9,500,000
Furnishing & Outfitting: $3,000,000
Profit: $14,500,000
Annual Income (members): $1,014,000
Annual Expense: $500,000
Annual Profit 1: $514,000
Yacht Charter: $3,000,000
PROPERTY FACTS
Purchase Price: $9,500,000
Lot Size: 0.61 AC
Building Size: 36,258 SF
No. Units: 28
No. Stories 5
Property Type
Apartment Style Mid Rise
PROPERTY VALUE IN 5-YEARS
$25,000,000
LEAD (REGISTERED LEAD GENERATORS)
Commission: $250,000
Details
- Adults: 70
- Categories: Investment Properties, USA - Miami - Florida