East of 5th Townhomes is a 20 unit two-floor townhome multifamily community located in the heart of North Miami, Florida, which is in Miami Dade County. The subject property was built in 2018 and features all two- & three bedroom floor plans. Every unit features premier upgrades consisting of flooring, kitchens and bathrooms, electrical appliances, and in unit washer & dryer. Exterior upgrades have been made to the property such as new landscaping, security camera system, and new lighting. The property is located on the east side of NE 5th Ave and is just a couple blocks from major retailers. The surrounding area boasts multi-family buildings of similar age and construction. The asset is conveniently located east of Dixie Hwy, south of NE 123rd St, and north of NE 121st St. NE 5th Ave leads into the renowned North Miami neighborhood just to the North of the property. Within minutes of walking, you can access the shops and restaurants along Dixie Hwy. Additionally, East of 5th Townhomes is located in one of the fastest-growing markets in Miami Dade County due to it being a favorite spot for local natives. The investment opportunity consists of a unit mix of (17) two-bed two and a half bathroom & (3) three-bed & two and a half bathroom totaling approximately 24,510 RSF. The property boasts amenities such as large luxurious living units, in-unit washer & dryer, private paver walking path, and a large tropical courtyard. East of 5th Townhomes offers an investor the opportunity to purchase an unbelievably located stable cash flowing asset with a potential rent increase of 16.03% in the heart of one of the hottest markets in Florida. The investment opportunity offers amazing rents on day one with the ability to increase rents significantly in a location that simply cannot be beaten