Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

963 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

6803 NW 3rd Ave

4 Unit Apartment Building $885,000 ($221,250/Unit) 4.73% Cap Rate Miami, FL 33150

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Value add potential opportunity, property located in Little Haiti, just off I-95 Highway, with easy access to Upper East Side, Miami Shores
Rent rates are well below market, with all 2 Bedroom units currently rented between $1,000 and $1,500

Great unit mix of four (4) units with 2 bedrooms and 1 bathroom unit, averaging 819 +/- sq ft.
50% seller financing available

EXECUTIVE SUMMARY

Value add potential opportunity, property located in Little Haiti, just off I-95 Highway, with easy access to Upper East Side, Miami Shores, Buena Vista, Wynwood and Downtown. Conveniently situated just 4 blocks away from I-95 Highway and 5 minutes from NW 79th Street (934). Charming two-story building/product with tremendous add value potential. Great unit mix of four (4) units with 2 bedrooms and 1 bathroom unit, averaging 819 +/- sq ft. Rent rates are well below market, with all 2 Bedroom units currently rented between $1,000 and $1,500. Proximity to Edison Plaza, Little River Retail, and Riley Shopping Center. Edison Plaza is 0.8 miles away, and Little River Retail is within a 22-minutes walk. | *** 50% seller financing available | Call EJ Martinez for more information or appointments: (305) 546-2515 (m).

6803 NW 3 Ave - Multifamily

PROPERTY FACTS

Price	$885,000	Building Class	C
Price Per Unit	$221,250	Lot Size	0.14 AC
Sale Type	Investment	Building Size	3,276 SF
Cap Rate	4.73%	Average Occupancy	100%
No. Units	4	No. Stories	2
Property Type	Multifamily	Year Built	1926
Property Subtype	Apartment	Parking Ratio	1.83/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$885,000
Price Per Unit	$221,250
Sale Type	Investment
Cap Rate	4.73%
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.14 AC
Building Size	3,276 SF
Average Occupancy	100%
No. Stories	2
Year Built	1926
Parking Ratio	1.83/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.