Skip to main content

Multifamily

Sunny Acres Apartments

14355 NE 6th Ave, North Miami, FL 33161

Listing Price: $1,400,000

Cap Rate
4.52%
Number of Units
8
GRM
9.41
Occupancy
95.0%
Price/Unit
$175,000
Price/Gross SF
$363.64
Gross SF
3,850

Investment Overview

Marcus & Millichap is pleased to present Sunny Acres Apartments, an 8-unit multifamily property located at 14355 NE 6th Avenue in North Miami, Florida. Built in 1955, the property features 3,850 rentable square feet situated on an 11,949-square-foot (0.27-acre) lot. The property features concrete block construction, hurricane impact windows, a pitched composite shingle roof, and separately metered electricity, providing a solid foundation for long-term multifamily ownership.

Sunny Acres Apartments offers investors a boutique multifamily asset in an established residential neighborhood. The property's impact windows and concrete block construction provide enhanced storm protection, while separately metered electricity allows tenants to maintain individual electric accounts, helping reduce owner-paid utility expenses.

Ideally located near Biscayne Boulevard, NE 125th Street, and Interstate 95, the property provides convenient access to Downtown North Miami, Barry University, Florida International University's Biscayne Bay Campus, Aventura, and the beaches. Residents also benefit from proximity to Jackson North Medical Center, neighborhood shopping centers, restaurants, and major employment corridors throughout northern Miami-Dade County.

Sunny Acres Apartments presents an opportunity to acquire an 8-unit multifamily asset with impact windows and separately metered electricity in the established North Miami rental market. The property's durable construction, central location, and proximity to major employment and educational institutions position it for continued rental demand and long-term investment potential.

Investment Highlights

  • Separately Metered Electricity Reducing Owner-Paid Utility Expenses
  • Concrete Block Construction With Hurricane Impact Windows
  • Minutes From Downtown North Miami, Barry University, And FIU's Biscayne Bay Campus

Exclusively Listed By

Multifamily

Sunny Acres Apartments

Listing Price: $1,400,000

Cap Rate
4.52%
Number of Units
8
GRM
9.41
Occupancy
95.0%
Price/Unit
$175,000
Price/Gross SF
$363.64
Gross SF
3,850

Investment Highlights

  • Separately Metered Electricity Reducing Owner-Paid Utility Expenses
  • Concrete Block Construction With Hurricane Impact Windows
  • Minutes From Downtown North Miami, Barry University, And FIU's Biscayne Bay Campus

Investment Overview

Marcus & Millichap is pleased to present Sunny Acres Apartments, an 8-unit multifamily property located at 14355 NE 6th Avenue in North Miami, Florida. Built in 1955, the property features 3,850 rentable square feet situated on an 11,949-square-foot (0.27-acre) lot. The property features concrete block construction, hurricane impact windows, a pitched composite shingle roof, and separately metered electricity, providing a solid foundation for long-term multifamily ownership. Sunny Acres Apartments offers investors a boutique multifamily asset in an established residential neighborhood. The property's impact windows and concrete block construction provide enhanced storm protection, while separately metered electricity allows tenants to maintain individual electric accounts, helping reduce owner-paid utility expenses. Ideally located near Biscayne Boulevard, NE 125th Street, and Interstate 95, the property provides convenient access to Downtown North Miami, Barry University, Florida International University's Biscayne Bay Campus, Aventura, and the beaches. Residents also benefit from proximity to Jackson North Medical Center, neighborhood shopping centers, restaurants, and major employment corridors throughout northern Miami-Dade County. Sunny Acres Apartments presents an opportunity to acquire an 8-unit multifamily asset with impact windows and separately metered electricity in the established North Miami rental market. The property's durable construction, central location, and proximity to major employment and educational institutions position it for continued rental demand and long-term investment potential.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower