Miami Central Multi-Family 103 Unit Portfolio

Miami Central Multi-Family 103 Unit Portfolio. Total of 11 buildings, of mostly 2 bedroom units, approved and equipped for HUD housing, and
all in the municipality of Opa-Locka. Opa-Locka is experiencing strong growth due to its central Miami location and its proximity to significant
economic and civic amenities, such as nearby Opa-Locka Airport a massive freight and cargo hub, Miami-Dade College Campus, and the Amazon
Logistics Mega-Hub, amongst more. Your tenants will appreciate the ease of access to jobs, as well as great access to major highways,
restaurants, shopping centers, entertainment venues and more.
All buildings are of later construction, all concrete and solid structures. Due to their use by government programs, the building have been
rigorously kept to the absolute highest condition and with no deferred maintenance. Furthermore these government programs yield very low
headache and low management, with guaranteed rents coming in monthly like clockwork. Just set it and forget it- and count your monthly
coupons. For 2024, rents are to be guaranteed by the government at up to $2,324 for 2 bedrooms units. At proforma rents, before considering
2024’s increments, this portfolio will be generating Total Gross Revenue $2,410,800 and $1,825,094 Net Operating Income, with 2024
guaranteeing closer to $2M in NOI, and this at asking price an 11% Cap.
Miami Central is changing. Relentless Growth in Miami’s Demographics is Pushing a Wave of Population Growth into Miami’s Urban Core. Central
Miami neighborhoods and municipalities like Opa-Locka are seeing a wave of growth and gentrification like never before. New and high income
tenants seeking reasonably priced housing close to their jobs and lifestyle amenities are flooding the neighborhood, securing a story of
sustained rent growth for decades to come

• 2070 Ali baba Ave
• 2301-2321 Atlantic Ave
• 13240 Port Said Rd
• 1219 – 1241 Sharazad Blvd
• 1331 Sharazad Blvd