DORIAN APARTMENTS

13201 Memorial Hwy,
Miami, FL 33161

 

$4,680,000
Price
9.01
GRM
$167,143
Price Per Unit
28
Number of Units
6.14%
Cap Rate
15,578
Building SF
$4,680,000
Price
9.01
GRM
$167,143
Price Per Unit
28
Number of Units
6.14%
Cap Rate
15,578
Building SF

  • Dalan Realty is proud to present "Dorian Apartments", a 28 Unit Apartment complex located in North Miami Beach, Florida. Most of the units has been renovated in the interiors. The building feature improvements such as impact windows, impact doors and windows, shingle roof (2018) , gated entrance and a remote surveillance camera system. 40 year Certification passed on December 2018, next certification on December 2028. Unit Mix includes 24 one bedroom units and 4 Studios. Rent Average $1,500. Several units include granite kitchens and tile floors. All units have split air conditioning units and smoke alarms. Plenty of parking spaces on the front and rear of the property. Beautiful garden area after the parking.

Market Information

  • **Prime Location, Prime Returns**: Situated in a coveted location known for its high growth potential and strong rental market, this property offers investors the chance to capitalize on the booming real estate landscape. Its proximity to key amenities, major transportation routes, and bustling commercial centers ensures a steady stream of income and promising returns for those with a keen eye for lucrative investments. This area continues to grow constantly, maintaining its low vacancy rental rates. On this quality building the demand for prospective tenant is Strong. Dorian Apartments is located 15 minutes from the Golden Glades area, the most important highway intersection in Miami. For additional information, please contact Damian Nusynkier at damian@dalanrealty.com or (786) 553-7228
FOR MORE DETAILS CONTACT
Damian Nusynkier
Lic. Real Estate Broker
(786) 553-7228
damian@dalanrealty.com
BK3126276