268 NW 11th St - Apartments FOR SALE
Miami, FL 33136 |
268 NW 11th St
Miami, FL 33136
HIGHLIGHTS
- 29 Years 11 Months Remaining On Land Lease - $16,000 Annual Ground Rent
- Buildings Not Included (Improvements Revert To Land Lease Owner At End Of Lease)
- Capital Preservation With Built In Reversionary Upside - Expenses Covered Land Banking Opportunity
- 60,000 SF Land Parcel In Booming Area Of Infill Development
- Passive Land Investment With Defined Future Value Release
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Overtown Land Lease
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
90043
STORIES
3
YEAR BUILT
1956
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
01-0101-050-1070,01-0101-050-1071
