1028 Sw 9Th Ave

1028 Sw 9Th Ave

PRICE

$ 2,500,000

Description

In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.

Details

Property Use:
Owner User
Property Type:
Industrial
Status:
Lease
Building Size:
4,742 SF
Building Class:
Oportunity Zone:
Year Built:
No. Of Units
Property Subtype:
Anchored Center
LOT SIZE:
7,250
Parkin Ratio:
Price Per Unit:

Gallery

BROKERS

Mauricio Villasuso

mv@faustocommercial.com

305-340-8901