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Multifamily 78 Unit Portfolio in Miami

$13,500,000

Overview

Property ID: 22541

Description

Green Tree Commercial is pleased to present multifamily portfolio with a total of 78 units.    Portfolio consist of a total of 5 individual, 2 story, apartment buildings. 2 of the buildings are located in South West Miami Dade county and 3 of the buildings are located in North West Miami Dade county.  The total buildings area is 41,958 Sq. Ft. with a total lot size of 83,350 Sq. Ft.  All buildings are within close proximity from each other. Most of the units are one bedroom units. Investment is easy to manage and rents are well below market value. Actual rents are at about $1.56 per square feet and could easily be brought up closer to $2 per square feet. This would increase the income and raise cap rate.  This investment with the right investor would be a winner all day. ID#22541

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