• Projected Returns

    6% preferred return with a stabilized IRR target of 15.5% and 12.40 cash on cash.

  • 34 UNITS

    Large amount of units in a concentrated and highly desirable area.

  • Core Multifamily

    Easily executable business plan that allows us to achieve market rents from day 1. Very little capital expenditures necessary which will add to cash flows.

  • AMENITIES

    Unbeatable location with proximity to shopping, dining, and schools. Onsite pool & spa, multiple laundry rooms and Well maintained playground.

KEY DEAL POINTS

  • 15.15%

    Targeted Investor IRR

  • 6%

    Preferred Return

  • 70/30

    Equity Split

  • 1%

    Acquisition Fee

  • INTERIOR

    Spacious living areas with city and Miami river views.

  • INTERIOR

    All new stainless steele appliances and spacious kitchen.

  • INTERIOR

    Large windows that allow tons of light in with great views.

  • EXTERIOR

    The East River building is 34 units and located in Little Havana which is a submarket of Miami, FL. The building is a new class A development as we are buying directly from the developer. As part of our negotiation, the developer must lease 100% of the building at a predefined rent pro forma. To date, the developer has leased 80% of the units at or greater than the agreed upon rent roll. Additionally, the seller is to deliver the building with TCO issued.

  • EXTERIOR

    The East River building is 34 units and located in Little Havana which is a submarket of Miami, FL. The building is a new class A development as we are buying directly from the developer. As part of our negotiation, the developer must lease 100% of the building at a predefined rent pro forma. To date, the developer has leased 80% of the units at or greater than the agreed upon rent roll. Additionally, the seller is to deliver the building with TCO issued.

  • EXTERIOR

    The East River building is 34 units and located in Little Havana which is a submarket of Miami, FL. The building is a new class A development as we are buying directly from the developer. As part of our negotiation, the developer must lease 100% of the building at a predefined rent pro forma. To date, the developer has leased 80% of the units at or greater than the agreed upon rent roll. Additionally, the seller is to deliver the building with TCO issued.