Log In/Sign Up
Your email has been sent.
Tecela Apartments 761-771 NW 1st St 16 Unit Apartment Building $6,923,763 CAD ($432,735 CAD/Unit) 5.54% Cap Rate Miami, FL 33128
INVESTMENT HIGHLIGHTS
- 16-Units Built in 2017 & 2020 and Located on border of West Brickell and Little Havana Submarkets (Miami)
- All Units have Laundry inside, Stainless Steel Appliances, Central A/C, Loft Style Finishes
- Short Walk or Drive to LoanDepot Park, Brickell City Center, Jackson Memorial
- 50% Massive Two Bedrooms, Private Back Yards for Ground Floor Units, Balconies for 2nd and 3rd Floors
- In-Fill Location with 517,789 Population and 11% Population Growth since 2010 (within 5-Miles)
- Easy Access to Miami River, Little Havana, Wynwood, Downtown Miami (Brickell)
EXECUTIVE SUMMARY
Consistently fully occupied. Please contact listing agents to schedule property tours.
Tecela Apartments were constructed in two phases in 2017 and 2020 of concrete block and stucco with a concrete roof deck. The property consists of (4) studio apartments, (4) one-bedroom | one-bathroom apartments and (8) two-bedroom | two-bathroom apartments. The building spans 18,432 rentable square feet and is situated on a 10,000 square foot lot, according to the Miami Dade Property Appraiser.
Units feature back yards or private balconies, in-unit washer & dryers, polished concrete floors, custom cabinets and quartz countertops, as well as energy efficient LED lighting and Energy Star appliances.
Tecela Apartments were constructed in two phases in 2017 and 2020 of concrete block and stucco with a concrete roof deck. The property consists of (4) studio apartments, (4) one-bedroom | one-bathroom apartments and (8) two-bedroom | two-bathroom apartments. The building spans 18,432 rentable square feet and is situated on a 10,000 square foot lot, according to the Miami Dade Property Appraiser.
Units feature back yards or private balconies, in-unit washer & dryers, polished concrete floors, custom cabinets and quartz countertops, as well as energy efficient LED lighting and Energy Star appliances.
PROPERTY FACTS
| Price | $6,923,763 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $432,735 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 5.54% | Building Size | 18,432 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 2017/2020 |
| Zoning | T6-8-O - Mixed-Use Development | ||
| Price | $6,923,763 CAD |
| Price Per Unit | $432,735 CAD |
| Sale Type | Investment |
| Cap Rate | 5.54% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 18,432 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 2017/2020 |
| Zoning | T6-8-O - Mixed-Use Development |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer
- Yard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $2,652 CAD | 595 |
| 1+1 | 4 | $2,792 CAD | 617 |
| 2+2 | 8 | $3,734 CAD | 1,171 |
1 1
Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (80)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $5,506,824 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,506,824 CAD
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Tecela Apartments | 761-771 NW 1st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.