in Detroit, Michigan. For sale - 27 stories, 450,000 + square feet office building. Mainly government occupied with new 10 year leases. Currently at 76% occupancy - upside potential. Built in 1963, but completely renovated in 1999/2000.
Net operating Income: $4,130,000
Cap Rate: 8.95%
Asking Price: $46,000,000
is presented by Sunny Realty Of South Florida. Publix Anchored Shooping Center In Coral Springs, Florida. Here is your chance to own one of the best commercial business opportunities in Florida. Brand new shopping center with 25 years lease from Publix plus Starbucks, Hair Cuttery, Elements Massage, Sal’s Italian, California Tortilla, Copper Tan, Golden Krust Caribbean Grill, Coconut Wine & Spirits, Nail Pros, and more! Only a handful of spaces available, but they will be gone within a few weeks as well.
has proven to be some of the most maintenance free (because of a warm weather) and profitable venues among business opportunities. Current Net Operating Income is $2,150,000 a year. Asking price is $30,000,000.
Population: 374,159
Median Age: 37.9 years
Average Income: $76,153
commercial real estate broker at 1-954-560-7802.
has proven over decades to be consistent and stable,
even in down markets. Today’s investors are going back to conservative
projects and the market has shown that there are opportunities.
concerns across the country, property investors
continue finding creative ways to make their investment dollars work for
them. The time is now to find your ideal investment!
is in Sunny Isles Beach, Florida. Here is your chance to own a brand new, 17 units apartment building across the street from the ocean. It’s a superb location for short term rentals as well as longer term leases. This developement is perfect for European and Canadian Tourists, Corporations and anyone looking to be within 2 minutes waking distance from the top beaches, or to be able to accomodate 4 people or more and be able to user their own kitchen. Perfect way to spend a vacation with your family in the famous “Venice of America” new American Rivera called Sunny Isles Beach.
if we charge between $180 per night - $220 per night in a low season and between $220 - $300 per night in high season, we can show you how this venture would return over 20% ROI. There will be one employee needed for housekeeping and general cleaning, plus one handy person on call as in independent for general fixing. Appliances as well as the elevator are still warranted. There is no reception desk needed, check in will be handled by management. Daily cleaning will be offered for extra charges, security deposits will be taken and only released when unit inspected after check out.
Property Management will be handled by Sunny Realty Of South FLorida and the Kronus Realty Group.
Two bedrooms rates are based on $200 p/n and 70% occupancy.
Three bedrooms rates are based on $240 p/n and 70% occupancy.
Exit Strategy
The project should be on the books for 5 – 7 years, there are two possibilities to sale the property.
1. Property will be offered based on net income and CAP rate, this can range between $6,5Mio - $7,5Mio or higher depending on Net Income.
2. Second option is to sale off units individually based on market conditions.
Your Sunny Isles Condo Resource
