Allapattah Highlands Add
$9,500,000
2311 NW 22nd Ave, Miami, FL 33142
480,918
NOI
40,199 sqft
Building Size
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Documents Available: Copy Of Lease(S), Rent Rolls, Service Contracts, Existing Survey
- Cooling: Central Air
- Heating: Central
- Construction Materials: CBS Construction
Description:
An exceptional opportunity to acquire a newly constructed, 23-unit multifamily property located at 2321 NW 22nd Avenue in Miami, Florida. Completed in June 2023, this four-story asset features modern architecture, high-quality finishes, and 29 covered parking spaces. With a stable in-place NOI of $480,918 and 96% of units currently leased, the property offers immediate cash flow with additional upside potential (Building have 12 storage units).
Strategically positioned in one of Miami’s rapidly evolving neighborhoods, the property benefits from excellent connectivity to major transportation corridors, employment centers, and a diverse mix of retail, dining, and entertainment destinations. Additionally, the property is located within a designated Opportunity Zone, providing investors with significant long-term tax advantages. The property is being offered at $238 by SF, which represents a considerably discount to repositioning cost, creating an attractive basis for investors.
Location
Gallery
