Multifamily 21 Units Portfolio

Miami, FL 33150

Miami, FL, 33150
Miami, FL, 33150 Miami, FL, 33150 Miami, FL, 33150
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$2,500,000
Cap Rate:
7.78%
Last Verified:
Jun 16, 2020

21 apartments portfolio located in the new up-and-coming Miami Design District.  Portfolio is composed of multifamily buildings and a duplex. Close to I-95 as well as hip new restaurants, nightlife, and cultural centers.  On-site laundry facilities, on one of the properties, provide extra income.  The locations are ideal with transportation easily accessible plus shopping, fast food, medical, and gas. Properties are also being sold individually. ID #22490


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Map of Miami, FL, 33150

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.