Comp Sale YN: No
Listing Date: 2012-08-23
Status: Closed
Original List Price: 10000000
Sold Price: $9,300,000
Current Price: $9,300,000
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Hialeah
Municipal Code: 4
Postal Code: 33012
Subdivision Number: 38
Property Description: 102 UNITS MULTI FAMILY RESIDEN
Country: United States
Street Number: 1871
Street Direction Prefix: W
Street Name: 62
Street Suffix: Street
State Or Province: FL
Postal Code +4: 6085
Area: 2200
Parcel Number: 0420350380080
Zoning: 44/MULTI
Directions: EAST OF PALMETTO EXPRESSWAY ON THE NW CORNER OF 62ND STREET AND 19TH AVENUE
Number Of Buildings: 3
Number Of Units Total: 7
Price Per Unit: 100000
Occupant Type: Tenant
Year Built Details: YearBuiltDescription Resale
Stories Total: 3
Property Sub Type: Multi Family
Building Area Main: 121351
Year Built: 1972
Parking Total: 160
Ownership Type: Corporation
Tax Assessed/SOH Value: 6954301
Assessor Market Value: 7000000
Tax Annual Amount: 143299
Tax Year: 2011
Tax Legal Description: LAKE ROBIN SEC ONE PB 92-44LOT 8 BLK 1 & PORT LOTS 9 & 10 BLK 1 PB 92-75 DESC BEG SW COR LOT 9 S60.05FT W247.51FT N326.19 FT E
Buyer Financing: Conventional
Major Change Timestamp: 2013-05-31T23:11:51Z
Major Change Type: Status Change
Status Change Date: 2013-06-04
Under Contract Date: 2013-02-21
Close Date: 2013-05-31
Close Price: 9300000
Assigned: 1
Common: 1
Guest: 1
Deed: 1
Financial Statement: 1
Investment Analysis: 1
Photos: 1
Rent Rolls: 1
Number Of Meters Total: 102
Electricity: 1
Interior Electric: 1
City Location: 1
Near Airport: 1
Use Conforms To Zoning: 1
# Of Offices: 1
# Of Tenants: 102
# Of Toilets: 145
Balconies: 1
Elevator(s): 1
Exterior Lighting: 1
Fenced Area: 1
Laundry Facilities: 1
Pool: 1
Central Building: 1
Central Individual: 1
Building: 1
Fixtures: 1
Land: 1
Leases: 1
Fire Alarm: 1
Security Fence: 1
Security Gate: 1
Security Lights: 1
Gross Income: 371886
Inc/Exp Statement Period: 12/31/2011
Other Income: 2120
Real Estate Taxes: 137567
Total Expenses: 371886
Utilities Expense: 78508
Vacancy Allowance Rate: 3
Occupancy Percentage: 100
Gross Scheduled Income: 1089060
Insurance Expense: 93772
Maintenance Expense: 26955
Net Operating Income: 717174
Other Expense: 5000
Professional Management Expense: 32672
Supplies Expense: 15600
Trash Expense: 11700
Units Total: 1
Furnished: No
Annual Rent: 650
Units Total: 38
Furnished: No
Annual Rent: 850
Central Building: 1
Central Individual: 1
Units Total: 18
Furnished: No
Annual Rent: 900
Units Total: 44
Furnished: No
Annual Rent: 950
Units Total: 1
Furnished: No
Annual Rent: 1300
24 Hour Notice: 1
Appointment Only: 1
Originating System Key: 27317257
Originating System ID: M00000151
Building Features: Balconies; Elevator(s); Exterior Lighting; Fenced Area; Laundry Facilities; Pool
Documents Available: Deed; Financial Statement; Investment Analysis; Rent Rolls
Electric: 220 Volts
Flooring: Tile
Heating: Central Building; Central Individual
Location of Property: City Location; Near Airport
Parking Features: Assigned; Common; Guest
Possession: Negotiable
Property Condition: Resale
Sale Includes: Building; Fixtures; Land; Leases
Zoning Information: Use Conforms To Zoning
Source Of Expenses: Owner Provided
Tenant Pays: Electricity; Interior Electric
Construction Materials: Block
Cooling: Central Building; Central Individual
Listing Terms: Assumable; Cash
Road Frontage Type: City Street
Roof: Tar/Gravel
Security Features: Fire Alarm; Security Fence; Security Gate; Security Lights
Sewer: Public Sewer
Special Information: City Jurisdiction
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
