Fausto Commercial is pleased to present 6406 W Flagler Street, Miami FL 33144 a 6-unit apartment community located in the Flagami neighborhood in the City of Miami. The property consists of 4 two-bedroom/ one-bathroom and 2 one-bedroom/one-bathroom units totaling 3,904 rentable square feet. The building was built in 1963. It’s situated on a 6,000 Sq. Ft. of land. This value-add property is being offered for sale at $1.500,000 representing a 4.07% cap rate (current in- place income) and 4.79% proforma cap rate (based on average market rents for one and two-bedroom units). The property is in a location that is experiencing massive growth combined with stable tenants that will not only benefit the immediate community but also the city in general. Adjacent to Little Havana and Coral Gables, the location is in close proximity to Brickell/Downtown and centric to all the region’s major employment centers.