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Property > Residential > Sale > United States > Florida > The trend of rising multifamily rents enhances a potential upside to an investor. 10 minutes from the Design District and Wynwood.
The trend of rising multifamily rents enhances a potential upside to an investor. 10 minutes from the Design District and Wynwood.
Florida, Miami
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AED 6,243,115 ( $1,700,000)
Property Type:
Residential
Unit Type:
Apartments/Condos
Location: Florida, Miami
Bedrooms:
Studio
Plot size: 5,300 Sq ft
Great Investment Property. this property consists of 2 two story- buildings. Unit is comprised of (4) two-bedroom and one-bathroom units and (8) one-bedroom and one-bathroom units. The trend of rising multifamily rents enhances a potential upside to an investor. With the availability of debt in the market place this asset will offer double digit cash on cash return based on the current income. Asset is 10 minutes away from the Design district and Wynwood.
| General Description | |
|---|---|
| Web Reference: | RO-RETSCLS-MX-1177242132 |
| Listing Ref No: | A10886623 |
| Country: | United States |
| City: | Miami |
| State: | Florida |
| Latitude: | 25.772795 |
| Longitude: | -80.31430799999998 |
| Exclusive: | No |
| Property Type: | Residential |
| Sale | |
| Residential Property Type: | Apartments/Condos |
| Furnished: | No |
| Tenanted: | No |
| No. of Bedrooms: | Studio |
| Attributes | |
|---|---|
| Lot/Plot Size SqF: | 5300.00 |
| Lot/Plot Size SqM: | 492.29 |
NB: All information displayed is believed to be accurate but is not guaranteed and should be independently verified.
No warranties or representations are made of any kind.