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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 5-Property, 87-Unit Portfolio Located in Liberty City Submarket of Miami, FL
- 4 Properties (75 of 87 units) Gut Renovated w/Certificates of Occupancy in 2021-2024
- All Properties are Located within a Three-Block Radius, Offering Economies of Scale
- Tremendous Value Add Opportunity through Professional Management
- (75) One-Bedrooms & (12) Two-Bedrooms with Central Air Conditioning or Mini Splits
- New Electric, New Plumbing, New Roofs, New Railings, New Hurricane-Resistance Impact Windows & Doors, New Fire Alarm Monitoring System,Stainless Steel
RÉSUMÉ ANALYTIQUE
Alec Demetriou, Joseph Thomas and The Thomas Team of Marcus & Millichap, as exclusive listing agents, are pleased to offer for sale The Apple Liberty City Portfolio; a 5-property portfolio, 87-unit multifamily portfolio located in the Liberty City submarket of Miami, Florida.
1231 NW 61st Street is a three-story, 21-unit apartment complex constructed in 1959. The building was gut renovated and received its Certificate of Occupancy in 2021. The property consists of 10,308 square feet of living area and a lot size of 10,600 square feet, according to the Miami Dade Property Appraiser (MDPA). The building is comprised of 18 one-bedroom | one-bathrooms with an average in-place rent of $1,560 and 3 two-bedroom | one-bathrooms with an average in-place rent of $1,917. Tenants pay for their own electricity, while trash and water are included in the rent. All units have been fully remodeled with central air conditioning units, stainless steel (electrical) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership installed a new roof, central air conditioning units, hurricane-resistant impact windows and doors, railings, electrical system, plumbing, and fire alarm monitoring system.
6040 NW 12th Avenue is a three-story, 21-unit apartment complex constructed in 1957. The building was gut renovated and received its Certificate of Occupancy in 2023. The property consists of 10,467 square feet of living area and a lot size of 12,300 square feet, according to the Miami Dade Property Appraiser (MDPA). The building is comprised of 15 one-bedroom | one-bathrooms with an average in-place rent of $1,706 and 6 two-bedroom | one-bathrooms with an average in-place rent of $2,040. Tenants pay their own utilities, while trash is included in the rent. All units have been fully remodeled with central air conditioning units, stainless steel (electrical) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership installed a new roof, central air conditioning units, hurricane-resistant impact windows and doors, railings, electrical system, plumbing, and fire alarm monitoring system. The property also features a fenced parking lot, offering a secure parking space for tenants.
1335 & 1341 NW 60th Street are two-adjacent two-story, 6-unit apartment buildings with a shared courtyard. The properties were built in 1958 and 1959 and have been thoroughly renovated. The combined properties consist of 5,114 square feet of living area and a lot size of 10,600 square feet, according to the Miami Dade Property Appraiser (MDPA). The buildings are comprised of 12 one-bedroom |one-bathroom units with an average in-place rent of $1,594. Tenants pay their own utilities, while trash is included in the rent. All units have been remodeled with mini-split air conditioning units, updated kitchens with white and stainless-steel (electrical) appliances, updated cabinetry, refreshed bathrooms, and a combination of tile and vinyl wood-plank flooring.
5990 NW 14th Avenue is a two-story, six-unit apartment building constructed in 1964. The building was gut renovated and received its Certificate of Occupancy in 2021. The property consists of 3,134 square feet of living area and a lot size of 6,169 square-feet, according to the Miami Dade Property Appraiser (MPDA). All units are one-bedroom | one-bathrooms with an average in-place rent of $1,905. Tenants pay their own utilities, while trash is included in the rent. All units have been fully remodeled with central air conditioning units, stainless steel (electric) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership installed a new roof, new central air conditioning units, new hurricane-resistant impact windows and doors, new railings, new electric, a new fire alarm monitoring system, and new plumbing. The property also features a laundry facility as an additional amenity for tenants.
1250 Northwest 62nd Street is a three-story, 27-unit apartment building constructed in 1958. The building was gut renovated and received its Certificate of Occupancy in 2024. The property consists of 11,186 square feet of living area and sits on an 11,200-square-foot lot, according to the Miami-Dade Property Appraiser (MDPA). The building is comprised of 24 one-bedroom | one-bathroom units with an average in-place rent of $1,554 and 3 two-bedroom | one-bathroom units and an average in-place rent of $2,098. Tenants pay for their own electricity (FPL), while water and sewer are included in the rent. All units are equipped with central air conditioning. Interior finishes include stainless steel (electric) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership has completed substantial renovations including a new roof, new central air conditioning systems, hurricane-impact windows and doors, updated electrical and plumbing, new railings, and a fire alarm monitoring system.
1231 NW 61st Street is a three-story, 21-unit apartment complex constructed in 1959. The building was gut renovated and received its Certificate of Occupancy in 2021. The property consists of 10,308 square feet of living area and a lot size of 10,600 square feet, according to the Miami Dade Property Appraiser (MDPA). The building is comprised of 18 one-bedroom | one-bathrooms with an average in-place rent of $1,560 and 3 two-bedroom | one-bathrooms with an average in-place rent of $1,917. Tenants pay for their own electricity, while trash and water are included in the rent. All units have been fully remodeled with central air conditioning units, stainless steel (electrical) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership installed a new roof, central air conditioning units, hurricane-resistant impact windows and doors, railings, electrical system, plumbing, and fire alarm monitoring system.
6040 NW 12th Avenue is a three-story, 21-unit apartment complex constructed in 1957. The building was gut renovated and received its Certificate of Occupancy in 2023. The property consists of 10,467 square feet of living area and a lot size of 12,300 square feet, according to the Miami Dade Property Appraiser (MDPA). The building is comprised of 15 one-bedroom | one-bathrooms with an average in-place rent of $1,706 and 6 two-bedroom | one-bathrooms with an average in-place rent of $2,040. Tenants pay their own utilities, while trash is included in the rent. All units have been fully remodeled with central air conditioning units, stainless steel (electrical) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership installed a new roof, central air conditioning units, hurricane-resistant impact windows and doors, railings, electrical system, plumbing, and fire alarm monitoring system. The property also features a fenced parking lot, offering a secure parking space for tenants.
1335 & 1341 NW 60th Street are two-adjacent two-story, 6-unit apartment buildings with a shared courtyard. The properties were built in 1958 and 1959 and have been thoroughly renovated. The combined properties consist of 5,114 square feet of living area and a lot size of 10,600 square feet, according to the Miami Dade Property Appraiser (MDPA). The buildings are comprised of 12 one-bedroom |one-bathroom units with an average in-place rent of $1,594. Tenants pay their own utilities, while trash is included in the rent. All units have been remodeled with mini-split air conditioning units, updated kitchens with white and stainless-steel (electrical) appliances, updated cabinetry, refreshed bathrooms, and a combination of tile and vinyl wood-plank flooring.
5990 NW 14th Avenue is a two-story, six-unit apartment building constructed in 1964. The building was gut renovated and received its Certificate of Occupancy in 2021. The property consists of 3,134 square feet of living area and a lot size of 6,169 square-feet, according to the Miami Dade Property Appraiser (MPDA). All units are one-bedroom | one-bathrooms with an average in-place rent of $1,905. Tenants pay their own utilities, while trash is included in the rent. All units have been fully remodeled with central air conditioning units, stainless steel (electric) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership installed a new roof, new central air conditioning units, new hurricane-resistant impact windows and doors, new railings, new electric, a new fire alarm monitoring system, and new plumbing. The property also features a laundry facility as an additional amenity for tenants.
1250 Northwest 62nd Street is a three-story, 27-unit apartment building constructed in 1958. The building was gut renovated and received its Certificate of Occupancy in 2024. The property consists of 11,186 square feet of living area and sits on an 11,200-square-foot lot, according to the Miami-Dade Property Appraiser (MDPA). The building is comprised of 24 one-bedroom | one-bathroom units with an average in-place rent of $1,554 and 3 two-bedroom | one-bathroom units and an average in-place rent of $2,098. Tenants pay for their own electricity (FPL), while water and sewer are included in the rent. All units are equipped with central air conditioning. Interior finishes include stainless steel (electric) appliances, granite countertops, custom cabinetry, modern bathrooms, and vinyl wood-plank flooring. Additionally, current ownership has completed substantial renovations including a new roof, new central air conditioning systems, hurricane-impact windows and doors, updated electrical and plumbing, new railings, and a fire alarm monitoring system.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 12 119 865 € | Statut | Actif |
| Prix/m² | 3 094 € / m² | Nb de biens | 6 |
| Condition de vente | Ventes de portefeuille | Individuellement en vente | 0 |
| Taux de capitalisation | 5,05 % | Surface totale de l’immeuble | 3 917 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,76 ha |
| Prix | 12 119 865 € |
| Prix/m² | 3 094 € / m² |
| Condition de vente | Ventes de portefeuille |
| Taux de capitalisation | 5,05 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 6 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 3 917 m² |
| Surface totale du terrain | 0,76 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
|
Liberty City - 62nd St
1250 NW 62nd St, Miami, FL 33147 |
Immeuble residentiel | 1 039 m² | 1958 | - |
|
Liberty City - 12th St
6040 NW 12th Ave, Miami, FL 33127 |
Immeuble residentiel | 972 m² | 1957 | - |
|
1231 61st
1231 NW 61st St, Miami, FL 33142 |
Immeuble residentiel | 958 m² | 1959 | - |
| 5990 NW 14th Ave, Miami, FL 33142 | Immeuble residentiel | 473 m² | 1964 | - |
| 1335 NW 60th St, Miami, FL 33142 | Immeuble residentiel | 238 m² | 1959 | - |
| 1341 NW 60th St, Miami, FL 33142 | Immeuble residentiel | 237 m² | 1958 | - |
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Apple Liberty City Portfolio
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