Investment Opportunity in Little Havana: Recently Renovated 16-Unit Multifamily Property.
Presenting a meticulously renovated 16-unit multifamily property in the highly desirable Little Havana neighborhood. This fully occupied asset offers a compelling 5.4% capitalization rate, providing immediate and consistent income.
Significant recent capital improvements include exterior painting completed in 2024, the installation of impact-resistant windows throughout, and the recent replacement of all air conditioning units. This property offers a streamlined investment with minimal anticipated near-term capital expenditures.
The property benefits from its strategic location within walking distance of Miami Dade College, ensuring strong and consistent tenant demand. Furthermore, a transferable hotel license presents an additional value proposition for the investor.
The unit mix comprises sixteen (16) one-bedroom, one-bathroom units, each thoughtfully designed with an additional versatile room currently utilized by tenants as a supplementary living space. All units feature fully equipped kitchens. Two distinct floor plans are present within the building.
Please respect the privacy of current tenants. All inquiries, appointments, and requests for further information should be directed to Maggie at 786-326-8435 (call or text).