1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram....

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Little Havana 6-Unit Multi Family 1636 NW 2nd St, Miami, FL 33125 FOR SALE

Transcript of 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram....

Page 1: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

FOR SALE

Page 2: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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PROPERTY DESCRIPTION

DWNTWN Realty Advisors has been retained on an exclusive basis to arrange the sale of1636 NW 2nd St, a 6 Unit Multi-Family Investment property in Little Havana. Built in 1970,the subject property is a two story 3,678 square foot building which sits on a 7,000 squarefoot lot. The property presents an investor with the opportunity to add value by raisingrents to market rate. Nearby schools include Calvary Baptist Church School, RiversideElementary Community School and Young Womens Preparatory Academy. The closestgrocery stores are Criollo Supermarket, Sedano's Supermarkets and Los LaurelesSupermarket.

PROPERTY HIGHLIGHTS

• Value Add

• Under-market Rents in place

• Steps away from Marlins Park Stadium

OFFERING SUMMARY

Sale Price: $825,000

NOI: $33,223

CAP Rate: 4.03%

Pro Forma NOI: $58,043

Pro Forma CAP Rate: 7.04%

Building Type: Multifamily

Number of Units: 6

Lot Size: 7,000 SF

Building Size: 3,678 SF

Location: Little Havana

Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

PROPERTY SUMMARYWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

Page 3: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

CURRENT FINANCIALSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

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DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

View Inventory

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Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

PRO FORMA FINANCIALSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

Page 5: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

PROPERTY PHOTOSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

Page 6: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

INTERIOR PHOTOSWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

Page 7: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

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Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

AERIAL PHOTOWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

Page 8: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

View Inventory

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Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

AERIAL LOCATIONWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

Page 9: 1636 NW 2nd Street - Sale Brochure€¦ · LinkedIn. DWNTWNRealtyAdvisors Instagram. DWNTWNRealtyAdvisors. CONTACT This information has been secured by DWNTWN Realty Advisors, LLC.

DWNTWN REALTY ADVISORSA Commercial Brokerage Firm

Ernie Perez // [email protected] // (P) 786.837.7174

© DWNTWN Realty Advisors, LLC. This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, andshould be verified prior to consummating any transaction. No representations expressed or implied.

View Inventory

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POPULATION 0.5 MILES 1 MILE 1.5 MILES

Total Population 18,868 61,027 112,909

Average age 40.6 40.3 40.7

Average age (Male) 37.3 37.9 38.6

Average age (Female) 44.3 42.9 42.6

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

Total households 7,044 23,464 43,202

# of persons per HH 2.7 2.6 2.6

Average HH income $26,572 $28,705 $32,349

Average house value $280,745 $297,782 $286,352

* Demographic data derived from 2010 US Census

Little Havana 6-Unit Multi Family1636 NW 2nd St, Miami, FL 33125

DEMOGRAPHICS MAP & REPORTWeb. dwntwnrealtyadvisors.comLinkedIn. DWNTWNRealtyAdvisorsInstagram. DWNTWNRealtyAdvisors

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CONTACT

This information has been secured by DWNTWN Realty Advisors, LLC. from sources believed to be reliable. It is not guaranteed, however, and should be verified prior to consummating any transaction.No representations expressed or implied.

Ernie PerezExecutive

(C) 305.934.6454

(O) 786.837.7174

[email protected]