Apartment Complex within walking distance to Wynwood Art District and Public Transit in Miami. 
  Near Wynwood Art District, Design District, Museums, Basketball Arena, Performing Arts Center. 
  Located close to I-95, Miami World Center, Brickell City Center, Miami Government Center. 

  28 units in two Apartment Buildings. 
  The two Buildings total 11,878 sq ft in size. 
  On a 0.34 Acre Lot. 

  Is Fully Rented out all on a month-to-month Lease. 
  All are 1 Bedroom with Kitchen and Bath. 
  Each Unit has its own Individual Water and Electric Meters. 

  The 40-year Recertification was Completed in 2010. 
  Property features a New Mural from Renowned Urban Artist. 
  Currently Zoned Multifamily, Sub-type: Garden/Low-Rise. 

  At the Asking Price, the Price per Unit is $58,928.57 
  Net Operating Income is $135,300 and Cap Rate is 7.55%. 
  Occupancy Rate is 100%. 

  All figures are approximate. 
  Price:   $ 1.65 Million. 

For More Info:  CONTACT US Fabulous Homes, Inc.                Licensed Real Estate Broker           Phone:  954 . 491 . 7600

All information provided herein regarding property is obtained from sources deemed reliable and is not warranted.  We are not responsible for misstatements of facts, errors, omissions, prior sale, financing, withdrawal from market, or change in prices without notice. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Copyright © 1982- Fabulous Homes, Inc. All Rights Reserved.