960 S Le Jeune Rd, Miami FL 33134

$5,850,000

$245.61/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 23818 ft²
Description

The Keyes Company is proud to exclusively market Vega's Apartments, a 30 unit apartment community located at 960 South LeJeune Road in Miami, Florida. This multi-family asset offers substantial “value-add” upside by exercising the opportunity to raise rents and bringing them to current market rates as renewals take place. With a strong local rental market and a vacancy rate is virtually 0%, upward leasing rates can be expected to continue well into the future.

Vega's Apartments provide an investor a unique opportunity to acquire a well maintained property with the opportunity to increase income and value over time with improvements and operational efficiencies. There is strong demand in the Class C rental market- due to a short supply of affordable rental properties.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$5,850,000
BedsN/A
BathsN/A
Area23818 ft²
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