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Property Description

*Financials in Pictures* I am pleased to present for sale 2238 SW 9 ST Miami, FL 33133. It is an 100% occupied multi-family apartment building with 12-Units, all 1 Bedroom/1 Bath. The building is 1925 built, and COMPLETELY RENOVATED 1984. Current owner is producing a 8.02% Cap Rate at the current asking price. Our pro-forma underwriting (new taxes and repair & reserve are included) gives us a cap rate of 7.09%. I have included the underwriting for you to run your own figures. Showings by appointment only, please do not tour the property on your own. We would like to keep the tenants happy through this process. Lastly, LOCATION LOCATION LOCATION! One street over from Calle Ocho and it is in a great neighborhood in SW Little Havana.

Features
2
1
2
: Zoned
: Central Building A/c
: Security system
: 4, 5
: Cbs construction, Elevated construction
: Tile floors
: Composition roll
: Public water
Address Map
US
FL
Miami-Dade County
Miami
33135
Additional Information
41
01-41-10-014-0740
$8,337
2016
3900
Coconut grove
Ponce de leon
Coral springs
$258
6,000 Sqft
1

2238 SW 9th St

Miami, Florida 33135

6,000 Sqft
$1,550,000
Listing ID #A10374395
Basic Details
Property Type : Commercial Property
Prop Type/Type of Building : Apartments, Residential-multi-family
Listing Type : For Sale
Listing ID : A10374395
Price : $1,550,000
#Units : 12
View : Garden view,other view
Year Built : 1925
Lot Area : 6,000 Sqft
Status : Active
Agent info
Contact Agent
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