Vacay Homes Network is pleased to present this 65-unit investment opportunity in South Florida. The property features 13 buildings totaling 118,886 SF; each unit is 1,694 SF, excluding the garage and driveway. The units are three bedrooms and 2.5 bathrooms. The property amenities include a clubhouse, pool, and picnic area, gated with 24/7 security, and will have electric vehicles for each unit.
The property is central to many South Florida locations; 35 minutes to Downtown Miami and 20 minutes to Downtown Fort Lauderdale. This upscale investment property will generate a one-time profit of $62,640,000 and a guaranteed annual income of 3.5 million.
INVESTMENT ESSENTIALS
Investment Required: $40,000,000
Furnishing & Outfitting: $5,000,000
One-time Profit: $62,640,000
Annual Income (members): $3,049,000
Annual Income Electric Vehicle: $538,200
Annual Expenses: $500,000
Annual Revenue: $3,087,200
PROPERTY FACTS
Purchase Price: $40,000,000
Lot Size: 5.13 AC
Building Size: 120,000 SF
No. Units: 65
No. Stories 2
PROPERTY VALUE IN 5-YEARS
$60,000,000
LEAD (REGISTERED LEAD GENERATORS)
Commission: $500,000
Details
- Adults: 1
- Categories: Investment Properties, USA - Miami - Florida