Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$9,000,000
Annual Taxes:$70,391
Listing Courtesy of The Keyes Company
Exceptional 27 unit multifamily in the heart of Little Havana.
Description
Exceptional 27-unit multifamily in the heart of Little Havana. Strong and stable income with great upside through rent adjustments. All units are currently under contract, with the majority recently renewed for 12-month terms in April, providing immediate income stability. Units rent quickly with minimal annual turnover, and most tenants are long-term residents. Features include central A/C, new elevator, pool, laundry with new machines, hurricane-impact windows, and ample parking. Excellent location just minutes from Brickell, Downtown, and Coral Gables. Current cap rate of approximately 6.26%. All figures are approximate and deemed reliable.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11899193
Amenities
- Balcony
- CableAvailable
- CornerLot
- Fence
- ImpactGlass
- LaundryFacilities
- Patio
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
