3255 W Flagler St – Multi-Family

3255 W Flagler St, Miami, FL 33135

PRICE

$ 4,150,000

Description

Flagami 20 Unit Superbly Built 70’s Multi-Family Building. Located on a corner and fronting major Flagler thoroughfare, this 20 unit building is solidly built meaning a long and low-maintenance ownership for an investr. Pro- forma rents are XXXXXX. Seller is willing to provide Seller Financing at extremely favorable terms- especially favorable when banks are pulling back. Flagami is a solid hard- working neighborhood nestled between little Havana, Coral Gables, and the airport.
The neighborhood provides investors a great opportunity to own property where the tenant base is abundant and very responsible, where tenants take care of properties as if they were their own, and are amongst the best payers in the county. This means vacancies and evictions will both be extremely rare here. Furthermore, due to its centric location, the neighborhood is constantly only improving with more retail, more population and more development. Prospects for this neighborhood only keep improving.

Details

Property Use:
Investment
Property Type:
Multi-Family
Status:
Sale
Building Size:
15,000 SF
Building Class:
C
Oportunity Zone:
NO
Year Built:
No. Of Units
20
Property Subtype:
Apartment
LOT SIZE:
0.49 AC
Parkin Ratio:
1.68/1,000 SF
Price Per Unit:
207,500

BROKERS

Vicente Rodriguez

vr@faustocommercial.com

305-510-6627