MASS APARTMENTS
12205 NE 6th Ave, North Miami, FL
0
Units
$ 0 M USD
Purchase Price
$ 0 K USD
Renovation to interior exterior of the property
Sold
business plan & results
The property required light interior renovation of empty units, recycling the current rent roll, and improving bad debt due to poor management. The property was successfully stabilized and put up for sale.
site & Project
The site consisted of 20 apartments situated in 0.60 Acres in North Miami, FL, on NW 6th Ave corridor. The property is located east of Interstate-95 and blocks away from the Biscayne Gardens neighborhood. The area immediately surrounding the property is primarily composed of single-family residences.
sub-market
The Florida city of North Miami is located in northeast Miami-Dade County, about 14 miles north of the city of Miami. The city is home to the Biscayne Bay campus of Florida International University and the Florida campus of Johnson & Wales University. North Miami’s subtropical climate and miles of nearby sandy beaches provide a haven for outdoor recreational activities of all types. The city also houses 11 public parks, 2 swimming pools, and 3 tennis court facilities.