A rare Miami multifamily investment, this 11-unit apartment building offers stable cash flow, strong occupancy, and significant upside potential. Located in a high-demand rental market, the property presents an ideal opportunity for investors seeking a compact, value-add asset with both short-term and long-term growth opportunities.

Property Overview

The building features a diverse unit mix: seven studios, three 1-bedroom/1-bath units, and one 2-bedroom/1-bath unit. This combination allows for flexibility in rental strategies and the potential to capture higher returns through targeted upgrades and market-aligned rent adjustments.

Amenities & Condition

Key features include:

• On-site coin laundry generating additional revenue.
• Recently replaced roof, reducing near-term maintenance needs.
• Well-maintained interiors and common areas supporting tenant satisfaction and retention.

Investment Opportunity

With a current cap rate of 7.5% and approximately 26% rental upside, this property offers both immediate income and long-term value growth. The unit mix and strong Miami market fundamentals make it ideal for investors looking to increase rents, improve operations, or reposition the asset strategically.

Value-Add Potential

Investors can enhance returns through:

• Renovating unit interiors to command higher rents.
• Optimizing rental management and marketing strategies.
• Leveraging Miami’s strong rental demand and growth for long-term appreciation.

Investment Highlights

• 11 Units: 7 studios, 3 one-bedroom, 1 two-bedroom.
• 26% Rental Upside: Potential to significantly increase cash flow.
• Coin Laundry: On-site income stream.
• Roof Recently Replaced: Reduces immediate capital expenditures.
• Cap Rate: 7.5% with potential for growth.
• Location: Miami, FL — high-demand rental market.