Found out a great opportunity :
261 Office Lofts Miami, FL Best location, court order sale. Have to be sold by the end of the month.Status: Active Price: $6,500,000 Bldg. Size: 40,000 SF Cap Rate: 10.50% Property Type: Office Building
This property offers a 10.50% EBITDA.
1) diversified risk with 261 small companies 2) Price per SF USD 162.50 3) Market value of best location in Miami FL : SF USD 450Problem : Many office value in the U.S. (light construction) tends to be equal to 0 after 40-50 years.
BUT
great building value (NYC, Boston, SF, London, Paris, Roma) tends to grow centuries and centuries after construction. e.g.
.... ....
Other interesting Opportunities :
Social Security Administration Miami, OK
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Below Market Rents The lease Comp survey in Section 5 shows that the Leases in this building are at least $5 below Market and can be raised as soon...
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This is a four story 38,000 SF office building with approximately 117 parking spaces. The current tenant mix consists of small businesses with short...
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