**Exclusive Listing: Miami Central Multi-Family 103 Unit Portfolio - Priced at $18.5M** Exceptional investment opportunity in the heart of Miami with a 103-unit multifamily portfolio, comprising 11 buildings primarily featuring 2-bedroom units. Located in the thriving municipality of Opa-Locka, this portfolio benefits from the area’s robust growth and strategic location. **Key Features:** - **Prime Location:** Central Miami setting with proximity to key economic and civic amenities including Opa-Locka Airport, Miami-Dade College Campus, and the Amazon Logistics Mega-Hub. - **Capital Improvements:** 70% of the property has undergone significant upgrades, including central AC & wall units, impact windows, and completion of 40-year certifications for all buildings. - **Guaranteed Revenue:** Fully approved for HUD housing and Section 8, ensuring stable, government-backed income. Section 8 rents have surged by up to 19% since 2023. - **High Returns:** Recent comps within a half-mile radius indicate one-bedroom units selling for up to $180K each. The portfolio’s primarily two-bedroom units promise even greater returns. - **Growth Potential:** The area is witnessing substantial development, including a new Mega Amazon Warehouse and ongoing gentrification from surrounding neighborhoods. - **Accessibility:** Conveniently located near I-95 and Hialeah, enhancing the appeal for prospective tenants. Priced to sell at a 9% proforma cap rate, this portfolio offers enormous value-add potential. Seller financing is not available for this exclusive listing. Don’t miss out on this lucrative investment in a rapidly growing market. Your tenants will appreciate the ease of access to jobs, as well as great access to major highways, restaurants, shopping centers, entertainment venues and more. All buildings are of later construction, all concrete and solid structures. Approx 70% of the units have been fully renovated, including many with central a/c and new windows. All 40 year re-certifications are up to date. All roofs are of recent vintage except 3 of the buildings, which are en queue to be repaired. Due to some of their use by government programs, the building have been rigorously kept to the absolute highest condition and with no deferred maintenance. The buildings are all approved for government rental programs. Currently 25 of the units are rented to HUD or Citrix, but the full portfolio can and should be rented to government contracts in order to maximize income. Furthermore these government programs yield very low headache and low management, with guaranteed rents coming in monthly like clockwork. Just set it and forget it- and count your monthly coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering 2024’s Increments, this portfolio will be generating Total Gross Revenue $2,410,800 and $1,825,094 Net Operating Income, with 2024 guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap. Miami Central is changing. Relentless Growth in Miami’s Demographics is Pushing a Wave of Population Growth into Miami’s Urban Core. Central Miami neighborhoods and municipalities like Opa-Locka are seeing a wave of growth and gentrification like never before. New and high income tenants seeking reasonably priced housing close Opa-locka, a neighborhood within the vibrant city of Miami, presents a compelling case for commercial real estate investment. Boasting a strategic location and easy access to major transportation arteries, including airports and highways, Opa-locka serves as a logistical hub, making it an ideal location for businesses. The ongoing revitalization efforts in the area, coupled with its unique Moorish architectural charm, contribute to a distinct and attractive business environment. Commercial spaces in Opa-locka offer investors an opportunity to tap into a market that is experiencing growth and transformation. The community's diverse demographic profile and proximity to Miami's economic centers contribute to a dynamic business ecosystem. As Miami continues to thrive as a global business hub, investing in commercial real estate in Opa-locka provides investors with the potential for long-term returns and a stake in the exciting development unfolding in this strategically positioned Miami neighborhood. Miami Central is changing. Relentless Growth in Miami’s Demographics is Pushing a Wave of Population Growth into Miami’s Urban Core. Central Miami neighborhoods and municipalities like Opa-Locka are seeing a wave of growth and gentrification like never before. New and high income tenants seeking reasonably priced housing close to their jobs and lifestyle amenities are flooding the neighborhood, securing a story of sustained rent growth for decades to come.