residential portfolio - loopnet€¦ · reliable; however, terrabella reallty has not verified, and...

RESIDENTIAL PORTFOLIOEXECUTIVE SUMMARY

South Florida | Broward and Dade Counties

TERRABELLA REALTY CONFIDENTIAL 1

Description• 23 Residential Units in 12 Separate properties

• Separate geographic locations for Multi-families

• All Single Family Properties in one Neighborhood

• Provides for absolute risk diversification

• $389,000 Gross Revenue

• Beautifully maintained and upgraded properties

• Upside from current off-market rents and bellow market rents


Multifamily Properties• 4 Multifamily Properties with 15 Residential Units in high

growth areas:Plantation: Triplex consisting of Two-2 Bedrooms and 1 Bathroom Units, and One-3 Bedrooms and 1 Bathroom UnitsW. Hollywood: Triplex of three large apartments consisting of One-2 Bed 1 Bath, and Two-1 Bed 1 Bath UnitsE. Hollywood: Fourplex of Three-2 Bed 1 Bath Units, and One-1 Bed 1 Bath UnitMiami Shores: Five-plex of One-4 Bed 2 Baths, One-2 Bed 1 Bath, One Studio, and Two 1Bed 1 Bath Units


Multifamily RentsZillow Zestimates®

6410 NW 20 CT: 3/1 $1,150.00Plantation 2/1 $1,155.00 $553,726.00

2/1 $1,230.00

6098 Rodman: 2/1 $1,310.00W. Hollywood 1/1 $1,200.00 $306,995.00

1/1 $1,200.00

2338 Liberty: 2/1 $1,100.00E. Hollywood 2/1 $1,100.00 $548,000.00 (Not from Zillow)

2/1 $1,100.001/1 $900.00

9301 NW 4 Av: 4/2 $1,800.00Miami Shores 2/1 $1,500.00

1/1 $800.00 $519,591.001/1 $850.000/1 $600.00


Multifamily Portfolio Price• Four Multifamily Properties with 15 Residential Units in

high growth areas:

Price: $2,000,000.00Valuation @ $145,000/Unit: $2,175,000

Revenue: $203,940.00Expenses @ 70%

NOI: $142,758.00CAP: 7,1%$133,333/Unit


Single Family Properties• All Eight Homes are superbly located in Miramar, in close

proximity of each other:• 2240 Havana Dr: Two Bed One Bath, 994 SF• 2310 Havana Dr: Two Bed, One Bath, 994 SF• 2643 Island Dr: Two Bed, One Bath, 1.086 SF• 7917 Madeira St: Three Bed, Two Bath, 1.739 SF• 7655 Granada Blvd: Three Bed, Two Bath, 1.023 SF• 2000 SW 62 Av: Four Bed, Three Bath, 1.696 SF• 6518 SW 23 St: Two Bed, One Bath, 1.110 SF• 6550 SW 28 St: Two Bed, One Bath, 957 SF


Single Family Current RentsCurrent Zillow Zestimates® SF

2240 Havana Dr: $1,850.00 $1,750.00 974

2310 Havana Dr: $1,650.00 $1,650.00 920

2643 Island Dr: $1,500.00 $1,675.00 1,005

7917 Madeira St: $2,350.00 $2,100.00 1,739

7655 Granada Blvd:$1,980.00 $2,025.00 1,628

2000 SW 62 Av: $2,200.00 $2,200.00 1,900

6518 SW 23 St: $1,864.00 $2,000.00 1,301

6550 SW 28 St: $2,000.00 $2,025.00 992

Monthly Income $15,394.00 $15,425.00 10,459


Single Family Portfolio PriceEight Beautiful and fully rented homes. Large 2 and 3 Bedroom houses (one with pool):

Zillow Zestimates®

Price: $2,100,000.00 $2,291,723.00

Revenue: $184,728.00 $185,100.00

Expenses @ 80%NOI: $147,782.00CAP: 7%$250,000/Home$192/SF


Combined Portfolio Price• Current Valuation: $4,466,723.00

• Price: $4,100,000.00• Revenue: $388,668.00• NOI: $290,540.00• CAP: 7,1%


Disclaimers & Confidentiality Agreement• Some Units are currently under “fully funded” repairs/renovations• CONFIDENTIALITY AGREEMENT:

The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Terrabella Reallty and should not be made available to any other person or entity without the written consent of Terrabella Reallty

This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, pcb’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, Terrabella Reallty has not verified, and will not verify, any of the information contained herein, nor has Terrabella Reallty conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose its contents in any manner detrimental to the interest of the Owner. You also agree that by accepting this Memorandum you agree to release Terrabella Reallty and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.


Contacts• Raquel Alfassi:[email protected]

• Eliu Dreszer, PA:[email protected]


residential portfolio - loopnet€¦ · reliable; however, terrabella reallty has not verified, and...

Documents