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Multifamily

1274 W Flagler St

1274 W Flagler St, Miami, FL 33135

Listing Price: $6,500,000

Cap Rate
5.15%
Number of Units
37
GRM
11.93
Occupancy
100.0%
Price/Unit
$175,676
Price/Gross SF
$363.33
Gross SF
17,890

Investment Overview

Marcus & Millichap, as exclusive listing agent, is pleased to offer for sale, The ALA Portfolio, a 59-unit portfolio located in Miami-Dade County. The portfolio is comprised of four (4) buildings located in the city of Miami (Little Havana) The unit mix is comprised of one (1) Efficiency; twenty-seven (27) Studios; twenty-three (15) One bedroom / One-bathroom units; sixteen (8) Two bedroom / One-bathroom units; and one (1) Two bedroom/ one-and-a-half-bathroom unit and seven (7) retail spaces.

Investment Highlights

  • 59-Unit Value Add Portfolio
  • Over 25% Upside in Rental Income Potential on the Entire Portfolio
  • Minimal Interior Capital Improvements Need it
  • Excellent Unit Mix
  • Prime Locations within Little Havana
  • Properties can be Purchased Individually
  • 40-Year Recertification
  • Month-to-month tenants

Exclusively Listed By

Financing By

Multifamily

1274 W Flagler St

Listing Price: $6,500,000

Cap Rate
5.15%
Number of Units
37
GRM
11.93
Occupancy
100.0%
Price/Unit
$175,676
Price/Gross SF
$363.33
Gross SF
17,890

Investment Highlights

  • 59-Unit Value Add Portfolio
  • Over 25% Upside in Rental Income Potential on the Entire Portfolio
  • Minimal Interior Capital Improvements Need it
  • Excellent Unit Mix
  • Prime Locations within Little Havana
  • Properties can be Purchased Individually
  • 40-Year Recertification
  • Month-to-month tenants

Investment Overview

Marcus & Millichap, as exclusive listing agent, is pleased to offer for sale, The ALA Portfolio, a 59-unit portfolio located in Miami-Dade County. The portfolio is comprised of four (4) buildings located in the city of Miami (Little Havana) The unit mix is comprised of one (1) Efficiency; twenty-seven (27) Studios; twenty-three (15) One bedroom / One-bathroom units; sixteen (8) Two bedroom / One-bathroom units; and one (1) Two bedroom/ one-and-a-half-bathroom unit and seven (7) retail spaces.

Exclusively Listed By

Financing By

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