Florida, Miami-Dade County, Miami, 3rd St

Eleventrust is proud to present its newest exclusive listing, marlins park 4- plex– little havana. This newly constructed building consists of four (4) two bedroom/two bathroom apartments, featuring hurricane impact windows and doors, central a/c, private balcony, tile floors and modern kitchens and bathrooms equipped with stainless steel appliances and granite countertops. The total rentable square footage is 3, 351 (average unit size is 837 sq. Ft. ). The individual units are being leased at $1, 600 a month in rent (or $1. 91). Market rents in the area for this product type are at $1, 650 a month (or $1. 97 sq. Ft. ). The projected net operating income once fully occupied (sept. 2020) is $52, 060 with a potential to grow to $54, 412 in year 2 with a 4. 53% capitalization rate. No parking.