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1542 NW 35th St 4 Unit Apartment Building $1,606,848 CAD ($401,712 CAD/Unit) 7.90% Cap Rate Miami, FL 33142

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Investment Highlights

Secured tenants in place
Easy access to I-195

Central location minutes from Miami Design District, Wynwood, Downtown Miami and more

Executive Summary

Investment opportunity located within an Opportunity Zone • Secured tenants in place • Central location minutes from Miami Design District, Wynwood, Downtown Miami and more • Flexible zoning • Easy access to I-195 (approx. 147,500 daily commuters) and I-95 (approx. 100,500 daily commuters) • 4 Units 1542: many updates including fencing, painting, driveway sealing and stripping 2026. Property has been updated in units 1,2,3 (2016). Unit 4 has moderate updates. All central air, professionally well maintained. 1)$1,995 one year lease expires December 2026. 2) available for FHA home buyer can be delivered with a tenant for investor at $1,995. 3) $1,893 lease expires May of this year. 4) $1,850 month-month nearly 10 year long as a tenant. All tenants our current on rent, no missed payments.

Property Facts

Price	$1,606,848 CAD	Apartment Style	Low-Rise
Price Per Unit	$401,712 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.13 AC
Cap Rate	7.90%	Building Size	2,748 SF
Sale Condition	Bulk/Portfolio Sale	Average Occupancy	75%
No. Units	4	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1980/2015
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T5-L - Flexible zoning

Price	$1,606,848 CAD
Price Per Unit	$401,712 CAD
Sale Type	Investment
Cap Rate	7.90%
Sale Condition	Bulk/Portfolio Sale
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.13 AC
Building Size	2,748 SF
Average Occupancy	75%
No. Stories	2
Year Built/Renovated	1980/2015
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T5-L - Flexible zoning