14305 NE 6th Ave - Apartments FOR SALE


North Miami, FL 33161- Sunny Acres
$2,195,000 USD
305-490-1404
14305 NE 6th Ave, North Miami, FL for Sale
$2,195,000 USD
Apartments - FOR SALE
1/8
null | 6.68% Cap Rate

14305 NE 6th Ave
North Miami, FL 33161
Sunny Acres


HIGHLIGHTS

  • Brand New Roof
  • Central A/C
  • 100% Occupancy
  • 40-Year Recertification Complete
  • Ample Private Parking
  • Laundry On-Site

OVERVIEW

MCG Realty Advisors is proud to exclusively present for sale 14305 NE 6th Avenue – a rare and compelling multifamily investment opportunity in the booming North Miami submarket of Miami-Dade County. This is one of those properties investors love because it’s simple, stable, and full of great upside potential. Located in a quiet residential pocket of North Miami, the property consist of 10 spacious units offering a mix of five (1 bedroom), 3 (studios) and 2 (1 bedroom) apartments. Roof was recently replaced and includes warranty. Positioned in one the city’s growing residential corridors, the property has central A/C, updated interiors and ample parking for residents and guests. This combination of smaller and larger layouts caters to multiple tenant segments from working professionals and single occupants offering consistent occupancy and low turnover for its owners. High demand for quality rentals in this area has kept prices rising and will continue to do so for the foreseeable future. Middle-income multifamily properties in great neighborhoods, such as this property, have proven strong performance and resilience in down markets. Contact Ron Mann for Complete OM including Rent Roll and Financials: Ron@MCG-Realty.com

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

10

PRICE/UNIT

$219,500

CAP RATE

6.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R-6

APN/PARCEL ID

06-2219-006-1870

ASK ABOUT THIS PROPERTY

Ron MannMCG Realty AdvisorsMore Info
305-490-1404

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Ron MannMCG Realty AdvisorsMore Info
305-490-1404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.