Commercial property in Miami Beach, Florida № 1788828

Property description

Offered at a 6.8% Proforma Cap, the property is currently 88% occupied (1 vacancy). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property has 5 1BR/1BA and 3 2BR/1BA. It has over $250,000 in combined CapEx between the current and previous owner. The property features a community laundry and 10 parking spaces (6 single and 4 tandem).