18101 NW 7th Ave Miami Gardens, FL 33169
Single Family Attached
MLS #: A11980572
Courtesy Of Trustpoint realty llc
Property InformationDescription
Prime multifamily investment opportunity in Miami Gardens. This 32-unit property sits on just over one acre and features a strong unit mix of 23 two-bedroom, one-bath units and 9 one-bedroom, one-bath units. The property is currently 100% occupied and producing approximately $462,000 in net operating income, offering investors immediate cash flow with additional upside through future rent growth.
The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational improvements.
Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas.
This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-Dade submarket.
The property benefits from over 50 on-site parking spaces and a roof installed in 2016. Many of the rents are below current market levels, providing a clear value-add opportunity for the next owner through strategic rent increases and operational improvements.
Located along NW 7th Avenue, the property offers strong visibility and convenient access to major roadways, retail, and employment centers throughout Miami Gardens and the surrounding areas.
This asset is well suited for investors seeking a stabilized multifamily property with long-term appreciation potential in a growing Miami-Dade submarket.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 32
- Cooling System: Central Air
- Heating System: Electric (Heating)
- Heating System: Central
- Heating System: Wall Furnace
- Legal Description: NORTH RIDGE 1ST ADDN PB 55-50 LOTS 13 THRU 18 INC BLK 9 LOT SIZE 47025 SQ FT OR 17274-1482 0796 1 F/A/U 30-2112-003-0370
- MLSID: A11980572
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