32 UNITS FOR SALE IN MIAMI GARDENS WITH 8.4% CAP PRO FORMA

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18251 NW 23RD CT
MIAMI GARDENS, Florida
  • Price: $6,100,000
  • Bedrooms: 63
  • Bathrooms: 32
  • Year built: 1976

This 32-unit apartment complex is located in the city of Miami Gardens,

Florida in Dade county. This location allows for easy access to all major arteries.

Situated west of Fl Turnpike and between Palmetto Expy and Miami Gardens Dr the property is minutes from dining and shopping.

The property is comprised of 7separate structures surrounding an interior courtyard. All the roofs are new.

The construction is CBS and all 7 buildings are 2 story. The complex offers an attractive units.mix of 31 units 2 bedroom 1 bath and 1 unit,  1 bedroom 1 bath. There is ample

parking and laundry facilities onpremise.

13 of the A/C have been replaced in the last 12 month.

This investment opportunity is 100% occupied with stable long term tenants. All  tenants are on a lease.

 There is room for substantial upside potential increasing the rents to add significant future value.

The area of Miami Gardens is made up of a diverse and varied demographic. 

There is enormous growth potential and new construction in the community which will bring higher property values in the near future!


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