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6803 NW 3rd Ave

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

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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.