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Multifamily 24 Units in Miami

$4,000,000

Miami, FL

Overview

Property ID: 22611

Description

24-unit apartment building in Miami Florida. This investment is excellently maintained and fully occupied. This 2-story property consists of four 1-bedroom and 1-bathroom units and twenty studio apartments. All units in the building have window air conditioners which is a benefit to the owner in terms of maintenance costs. The property has individual electric meters; tenants pay for their electricity. The property is completely gated. Rents below market. The property is located in an opportunity zone.

This investment is centrally located in the upcoming redevelopment area of Magic City innovation district.

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