Wynwood Area Apartment Complex, Miami


  Apartment Complex within walking distance to Wynwood Art District and Public Transit in Miami. 
  Near Wynwood Art District, Design District, Museums, Basketball Arena, Performing Arts Center. 
  Located close to I-95, Miami World Center, Brickell City Center, Miami Government Center. 

  28 units in two Apartment Buildings. 
  The two Buildings total 11,878 sq ft in size. 
  On a 0.34 Acre Lot. 

  Is Fully Rented out all on a month-to-month Lease. 
  All are 1 Bedroom with Kitchen and Bath. 
  Each Unit has its own Individual Water and Electric Meters. 

  The 40-year Recertification was Completed in 2010. 
  Property features a New Mural from Renowned Urban Artist. 
  Currently Zoned Multifamily, Sub-type: Garden/Low-Rise. 

  At the Asking Price, the Price per Unit is $58,928.57 
  Net Operating Income is $135,300 and Cap Rate is 7.55%. 
  Occupancy Rate is 100%. 

  All figures are approximate. 
  Price:   $ 1.65 Million. 



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