CASE STUDIES

SMV Capital Group buys houses for cash in Florida, sell homes, lends money, consults and manage distressed portfolios. 

WESTCHESTER, FLORIDA

RESIDENTIAL

• Acquired in 2020 for $286K ($162 psf), discount to replacement cost

• Located in Westchester Florida in the heart of Miami

• Repositioned the single family residence by reconfiguring the                   structure and modernizing the entire interior and exterior of the               property.

• All renovations were completed in eight weeks achieving a sale price     of $428K. Acquisition to sale in just over five months.

VIEW WALKTHROUGH

Westchester_after.jpg

ARTHUR STREET

COMMERCIAL

Arthur Street is a multifamily property that was acquired in Hollywood Florida in 2014. At acquisition the property had several vacancies and limited updates to the property from its original form. After making several renovation including imbedding a team to properly manage the property rents increased by over 20% while attracting tenants with proper background checks. The current B class apartment building is 100% occupied and up to date.  

• Acquired off-market in 2014 for $3.04M ($80k per unit), discount to   replacement cost

• Located in heart of Hollywood Florida blocks from the HardRock     Hotel & Casino

• Reposition the property by modernizing the exterior structure,         Kitchens, Baths, and driveways.

• Property appraised in May 2020 for $4.9M.

arthurstreet.jpeg

KENTUCKY AVENUE

COMMERCIAL

Kentucky Avenue is a multifamily property that was acquired in Fort Lauderale Florida in 2016. At acquisition the property had several vacancies and limited updates to the property from its original form.  

• Acquired in 2016 for $2.275M ($143 psf), discount to replacement     cost.

• Located in Fort Lauderdale just off Broward Boulevard blocks           from I-95.

• Reposition the property by modernizing the exterior and main           entrance, with several updates to the interior of the building.             These adjustments to the property allowed for a 23% increase in       rents bring occupancy from 85% to100% with a waiting list.

• This cash flowing asset is currently valued at over $3.2M

IMG_3452.jpeg

WESTVIEW MIAMI

RESIDENTIAL

• Acquired off-market land in 2020 for $80K, discount to

  replacement cost

 

• Located in Westview near Miami-Dade Community College

  North Campus

 

• Reposition the property by developing vacant land to a twin home        structure comprised of two units of over 1100 sq ft with 3 bedrooms    and 2 baths

 

• Estimated completion January 2021 with an estimated sale price 

   of $250K per unit

IMG_7782.jpg

HOMESTEAD, FLORIDA

RESIDENTIAL

• Acquired in 2020 for $204K ($113 psf), discount to replacement cost

• Located in Homestead Florida next to the Turnpike

• Repositioned the property by fully renovation the entire interior               structure and exterior swimming pool. All violations were cured and       removed from the property.

• All renovations were completed in six weeks achieving a sale price of     $317K. Acquisition to sale in just under five months.

VIEW WALKTHROUGH

homestead_after.jpg
 
 

Want to join our growing list of successful projects and satisfied clients?

  • LinkedIn
  • YouTube
  • Instagram
  • Facebook
  • Twitter

©2019 All Rights Reserved
SMV Capital Group | 9737 NW 41st St. #973 Doral, FL 33178

BY APPOINTMENT ONLY