1895 NW 35th St - Apartments FOR SALE


Miami, FL 33142- Allapattah
$3,700,000 USD
786-273-6643
1895 NW 35th St, Miami, FL for Sale
$3,700,000 USD
Apartments - FOR SALE
1/19
null | 8% Cap Rate

1895 NW 35th St
Miami, FL 33142
Allapattah


OVERVIEW

Eco Stone Group Investments is pleased to present a 20 unit multifamily, located on 1895 NW 35th Street, Miami FL 33142 in the heart of Allapattah, the largest epicenter for the Hispanic community. It’s density and desirability of tenants has allowed for a rapid growth in rents and capital appreciation for the area. It’s close proximity to Miami’s Prime destinations like the Miami International Airport, The Marlins Stadium, multiple supermarkets, easy access to pubic transportation, expressways and mayor highways has created a huge demand for both tenants and landlords. With 20 separate units of 1 bedrooms and 1 bathroom (approx. 500 sq.ft.) all very large units for the average of the area all with separate electric meters. 80% of the units have been renovated and a parking space for each of the units

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$340 USD /SF

# OF UNITS

20

PRICE/UNIT

$185,000

CAP RATE

8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renaissance Homes Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

T6-8 O

APN/PARCEL ID

01-3127-010-1200

ASK ABOUT THIS PROPERTY

Javier GomezEco StoneMore Info
786-273-6643

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Javier GomezEco StoneMore Info
786-273-6643

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