N Miami Ave Portfolio Multi-Family FOR SALE


Miami, FL - Little Haiti
$3,250,000 USD
305-507-7098
, Miami, FL for Sale
$3,250,000 USD
Multi-Family - FOR SALE
1/5
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N Miami Ave Portfolio
Miami, FL
Little Haiti


HIGHLIGHTS

  • Undergone extensive upgrades
  • New roof
  • Hurricane-impact windows/doors
  • Modern electrical systems
  • Fully remodeled kitchens and bathrooms

OVERVIEW

This fully renovated 17-unit multifamily property is located in Miami’s thriving Little River submarket and presents a prime investment opportunity. All the units have undergone extensive upgrades, including new roofs, hurricane-impact windows/doors, modern electrical systems, and fully remodeled kitchens and bathrooms. Making the property turn-key and minimizing maintenance costs. The property has ample parking. The property generates a net operating income of $198,000, and yields a capitalization rate of 6.08% the asking price. Its strong financial performance and prime Buena Vista location present an opportunity for investors seeking stable returns in a rapidly appreciating area.

ASK ABOUT THIS PROPERTY

Ernie PerezGridline PropertiesMore Info
305-507-7098

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Ernie PerezGridline PropertiesMore Info
305-507-7098

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