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1 South Krome Avenue
Homestead, FL 33030
Asking Price
$3.00M
Cap Rate
5.15%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 5.15% CAP | 12,848 SqFt <p>-Prime location on highly traveled Krome Ave</p><p>-Located in the heart of Downtown Homestead</p><p>-40 years recertification completed</p><p>-Lot size: 13,735 sf</p><p>-Lot size: 12,848 sf</p><p>-Year Built: 1945 & 1949</p><p>-Tenants: 11 (Tenants have leases and most are 3 years or less</p><p></p>
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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358
