About SOBE 2-Property Portfolio
Cushman & Wakefield, as exclusive marketing advisor, is pleased to present this 2-Property Portfolio in South Beach; 940 Jefferson Avenue and 1101 Euclid Avenue. A 32-unit multifamily property located in the heart of South Beach. Both properties have been renovated in 2015-16 and together total 15,868 square feet. Both properties are currently 100% occupied with average asking rents of $1,313 per month or $504,000 per year in potential gross income. Both buildings are in excellent condition including upgraded unit interiors, kitchen cabinets and countertops.
The properties can be acquired together or separately.