Turnkey Multifamily Investment by Brickell & Downtown Miami
Fully Renovated, 100% Occupied, and Positioned for Long-Term Rental Growth
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Investment highlights
Fully Renovated 8-Unit Multifamily Asset
Fully renovated in 2022, the property blends historic Miami character with modern interiors, updated finishes, and reduced near-term capital expenditure risk.
100% Occupied Income-Producing Property
The asset is currently fully occupied, offering immediate in-place cash flow and operational stability from day one.
Prime Little Havana Location
Located minutes from Downtown Miami, Brickell, the Miami River District, and major employment centers, the property benefits from strong rental demand in one of Miami’s most active urban rental corridors.
Attractive Unit Mix
The property features seven 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, a highly rentable configuration for Miami’s workforce, young professional, and urban renter base.
Strong In-Place Financials
With an NOI of approximately $134,731, the property provides investors with stable income and a compelling entry point into the Miami multifamily market.
Long-Term Upside Potential
Investors have the ability to elevate returns over time through rent optimization, operational efficiencies, and continued demand growth within the Little Havana submarket.
40-Year Recertification Completed
The property has passed its required structural recertification, helping reduce a major due diligence concern for buyers of older Miami multifamily assets.
Concrete Block / Stucco Construction
Solid construction provides durability, long-term ownership confidence, and reduced maintenance concerns compared to lighter-frame assets.
Individual Mini-Split HVAC Systems
Each unit is equipped with individual mini-split HVAC systems, offering tenant comfort and operational efficiency.
T4-R Multifamily Zoning
T4-R zoning supports multifamily use while helping preserve a stable long-term residential tenant base, making the asset attractive for investors seeking consistent rental income.
On-Site Laundry Income
Additional income stream through on-site laundry, with potential for further ancillary income optimization.
- Fully renovated eight-unit asset
- Completed recertification
- Individual HVAC
- No immediate renovation program
- Strong workforce-housing location
- Manageable eight-unit scale
- Potential rent-growth strategy
- Low near-term capital expenditure
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