HIGHLIGHTS
- Rare opportunity to acquire a renovated and fully occupied 18 unit apartment building in Little Havana
- 350 feet away from Calle Ocho (SW 8th Street), the cultural epicenter of Miami with a round the clock restaurant, retail and nightlife scene
- Building was fully gut renovated in 2006 and includes central ACs, granite countertops, custom kitchen cabinetry, dishwashers, tankless water heaters
- Updated appliances in all units
- Potential to increase rents to market
- Favorable unit mix consisting of mostly large 1 and 2 bedroom units
OVERVIEW
Please Contact Javier A. Ubeda (305) 766-1864 - The Porosoff Group is pleased to offer for sale 843 SW 13th Ave. The property is located 350 feet from Calle Ocho and consists of 18-units with 16 One bedroom/One Bathroom Units and 2 two-Bedroom/One Bathroom Units, averaging 620 square-feet. The building was fully gut renovated in 2006 and includes central ACs, granite countertops, custom kitchen cabinetry, dishwashers, tankless water heaters and updated appliances.
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$403 USD /SF
# OF UNITS
18
PRICE/UNIT
$250,000
CAP RATE
6.61%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1925
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
T4-R
APN/PARCEL ID
01-4111-013-0300
ASK ABOUT THIS PROPERTY
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305-209-8866
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305-209-8866
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