Dorian Apartments | 13201 Memorial Hwy
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Dorian Apartments 13201 Memorial Hwy
28 Unit Block of Flats £4,307,940 (£153,855/Unit) 5.24% Net Initial Yield North Miami, FL 33161
Investment Highlights
- Strong Rental Market
- Booming real estate area
- Low Vacancies on the Area
- 15 minutes from the Golden Glades intersection
Executive Summary
Dalan Realty is proud to present "Dorian Apartments", a 28 Unit Apartment complex located in North Miami Beach, Florida. Most of the units has been renovated in the interiors. The building feature improvements such as impact windows, impact doors and windows, shingle roof (2018) , gated entrance and a remote surveillance camera system. 40 year Certification passed on December 2018, next certification on December 2028.
Unit Mix includes 24 one bedroom units and 4 Studios. Rent Average $1,500. Several units include granite kitchens and tile
floors. All units have split air conditioning units and smoke alarms. Plenty of parking spaces on the front and rear of the property.
Beautiful garden area after the parking.
Unit Mix includes 24 one bedroom units and 4 Studios. Rent Average $1,500. Several units include granite kitchens and tile
floors. All units have split air conditioning units and smoke alarms. Plenty of parking spaces on the front and rear of the property.
Beautiful garden area after the parking.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | £4,307,940 | Building Class | B |
Price Per Unit | £153,855 | Lot Size | 0.67 AC |
Sale Type | Investment | Building Size | 15,575 SF |
Net Initial Yield | 5.24% | Average Occupancy | 100% |
No. Units | 28 | Number of Floors | 2 |
Property Type | Residential | Year Built/Renovated | 1968/2020 |
Property Subtype | Apartment | Parking Ratio | 2.05/1,000 SF |
Apartment Style | Low Rise |
Price | £4,307,940 |
Price Per Unit | £153,855 |
Sale Type | Investment |
Net Initial Yield | 5.24% |
No. Units | 28 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 0.67 AC |
Building Size | 15,575 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built/Renovated | 1968/2020 |
Parking Ratio | 2.05/1,000 SF |
Unit Amenities
- Granite Countertops
- Stainless Steel Appliances
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Playground
- Security System
- Gated
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
Studios | 4 | - | 515 |
1+1 | 24 | - | 625 |
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zoning
Zoning Code | 3800 (**Prime Location, Prime Returns**: Situated in a location known for its high growth potential and strong rental market.) |
3800 (**Prime Location, Prime Returns**: Situated in a location known for its high growth potential and strong rental market.) |
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Dorian Apartments | 13201 Memorial Hwy
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