SEE ATTACHED OFFERING MEMORANDUM. The property was constructed in 1963 of concrete block with a pitched tile roof and sits on almost half of an acre in the heart of Coral Gables. The property consists of (24)1 Bed 1 Bath units, several of which have been completely remodeled. Prime location; just 5 minutes from the property is Merrick Park, Miracle Mile, and the famed Biltmore Hotel. Immediately across the street is the Coral Gables Youth Center which features amenities for all ages including a full indoor gymnasium, fitness center, and landscaped public areas. The Coral Gables Public Library is also a short walk from the property. Just 1 block to the west, a luxury townhome development was completed in 2015 by Shoma Homes with units selling the in range of $1,300,000 per townhome.