Retail Turnkey

Brickell Apartment Building 92 Units | ~$38M

Miami, FL, USA 0

$47,256,000 After Repair Value -
$38,000,000 Asking Price -
$2,000,000 Cost of Repairs =
$7,256,000 Potential Profit

Property Details

Asking Price $38,000,000

After Repair Value $47,256,000

Costs of Repairs $2,000,000

Potential Profit $7,256,000

Living Area n/a ft2

Property Type Multi-Family

Bedrooms +7

Bathrooms +7

Half Bathrooms 0

Parking +7

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $3,500,000

Yearly Expenses $2,000,000

Property Taxes $500,000

Net Operating Income $1,500,000

Cap Rate 4

Property Description

Brickell Apartment Building 92 Units | ~$38M

Own 92 residences in the heart of Brickell Miami’s global financial and residential hub.

This stabilized, income-producing apartment building offers immediate cash flow with additional upside through modernization, management optimization, and operational improvements.

The Opportunity

~ Brickell, Miami
~ 92 Units
~ Asking: ~$38M
~ Indicative NOI: ~$1.5M
~ Implied Cap Rate: ~4.0%

The investment story is straightforward: acquire an operating asset, enhance performance, increase income, and create additional value.

With its established cash flow and value-add potential, the property offers an opportunity to participate in Brickell’s continued transformation into one of Miami’s premier urban destinations.

92 units. Immediate income. Brickell location. Value-add potential.

Financial figures are indicative and subject to independent verification and due diligence.

Repairs Needed

Potential modernization and cosmetic upgrades to select units and common areas, along with operational and property improvements. Specific scope and costs to be determined through buyer inspection and due diligence.

CONTACT LISTING OWNER

William Naranjo

Free Member

Get direct access to the seller

Save as Favorite
Write a Note

Ask the Seller

Questions on Miami, FL USA

Waiting for the seller to respond your question.

This form is for general questions only. Asking for personal information is not allowed.

Nearby Deals

Some random deals around the area (12)

Hundreds of properties in USA! Check Deals in USA

St Augustine

FL, USA

Move-in Ready Home in Active Adult Community

After Repair Value $314,000

- Asking Price $299,900

- Repair Costs $0

4%

Potential Profit

$14,100

Cocoa

FL, USA

Motorcycle sales, parts and service open for over 17 years.

After Repair Value $180,000

- Asking Price $130,000

- Repair Costs $0

27%

Potential Profit

$50,000

Port Richey

FL, USA

0.18 Acre Residential Lot For Sale In Bayonet Point, FL

After Repair Value $23,000

- Asking Price $9,500

- Repair Costs $0

58%

Potential Profit

$13,500

Orlando, FL

FL, USA

Rare Lake County FL, 2.5 Acre Pilots Dream Lot!

After Repair Value $25,000

- Asking Price $12,500

- Repair Costs $0

50%

Potential Profit

$12,500

Panama City

FL, USA

Land in Panama with Business Plan

After Repair Value $3,500,000

- Asking Price $600,000

- Repair Costs $0

82%

Potential Profit

$2,900,000

Costa Rica

FL, USA

A hidden pristine house in the middle of the mountains

After Repair Value $200,000

- Asking Price $190,000

- Repair Costs $10,000

0%

Potential Profit

$0

Stuart

FL, USA

Rare opportunity to buy a large CBS Villa with garage in Stuart!

After Repair Value $230,000

- Asking Price $189,000

- Repair Costs $1,850

17%

Potential Profit

$39,150

Miami

FL, USA

Savanna Santorini Studio - 2 Bedroom with private pool

After Repair Value $195,000

- Asking Price $195,000

- Repair Costs $0

0%

Potential Profit

$0

Tallahassee

FL, USA

Aura by Grovy

After Repair Value $24,000

- Asking Price $24,000

- Repair Costs $0

0%

Potential Profit

$0

Orlando

FL, USA

Sevilla (Marbella) Villas 2

After Repair Value $850,000

- Asking Price $850,000

- Repair Costs $0

0%

Potential Profit

$0

Pensacola

FL, USA

PRICE DROP for quick sale! $6500

After Repair Value $18,500

- Asking Price $6,500

- Repair Costs $0

64%

Potential Profit

$12,000

MiamiDade County

FL, USA

Miami-Dade Oceanfront 1+ Acre | ~$160M

After Repair Value $180,000,000

- Asking Price $160,000,000

- Repair Costs $0

11%

Potential Profit

$20,000,000