2405 NW 135 ST 

PRICE

$ 22,400,000.00

Description

112 Unit North Miami/Opa-Locka Multi-Family Portoflio. 2621 NW 135th St and 2405 NW 135th St, two exceptional apartment buildings located in the heart of Miami, FL, where exciting developments and strong demographic changes are underway. One property is an 18-units, the other 94 units. Both buildings are a verdant oasis amidst the concrete jungle, with lush manicured landscaping, and waterfront on a pleasant and quiet canal. The buildings themselves are exceptionally well-built, all concrete construction, and meticulously maintained and operated, with no deferred maintenance whatsoever. All units are equipped with central a/c, renovated kitchens and spaces, and a gated parking lot with dedicated parking for all tenants. Most rents are guaranteed by government contracts, so the money enters like clockwork, with little effort or input by owners. This is a low-management, low-headaches property, just set it and forget it. Site is in a prime location, with convenient access to local amenities, great employment, and improved transportation. Situated just minutes from the Opa-Locka Executive Airport and the Amazon Logistic Hub, this property is ideal for professionals seeking a short commute. In addition, residents will appreciate the building’s close proximity to major highways, restaurants, shopping centers, and entertainment venues, with even more accessibility on the horizon. The area is undergoing major infrastructure improvements, including plans for expanded bike lanes and pedestrian walkways to make it easier for residents to get around the community, and increased transit and roads, so this building is poised for high occupancy rates and steady rental income.

Details

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95,852 Sq Ft
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Gallery

BROKERS

Frank Campos

fc@faustocommercial.com

786 805 7408