Cushman & Wakefield, as exclusive advisor, is pleased to present 1200 Marseille, a value-add multifamily opportunity on Miami Beach. The property consists of two buildings. The unit mix is excellent for the location consisting of four 1BR/1BA units and eight 2BR/2BA units with an average unit size of 973 square feet.
The immediate area surrounding the property is poised for significant investment and improvement. The Miami Beach Commission unanimously approved a master plan for the city’s North Beach neighborhood, which stretches from 63rd to 87th Street. The master plan will include a North Beach Town Center and is likely to revitalize the area with hundreds of millions of dollars of new developments and neighborhood improvements.
TO VIEW OFFERING MEMORANDUM PLEASE LOG IN OR REGISTER AN ACCOUNT ABOVE
Value-Add Portfolio Opportunity
· 699 3rd Street (25-units) St. Paul, Minnesota
·1440 10th Ave (17-units) Newport, Minnesota
Ownership will entertain offers on portfolio or individual properties
· Numerous capital improvements over last 5-years
· New boilers (2) in 699 3rd Street
· 1440 10th has undergone significant in-unit renovations
· Updated Cabinets, Countertops, Appliances and Flooring
· 699 3rd Street located 1 mile from downtown St. Paul via Kellogg Blvd.
· 699 3rd Street located 2 blocks from Metro State University
Up and Coming Locations
· 1440 10th Ave located 7 minutes from 699 3rd Street
· 1440 10th Ave has easy access to Highway 61 and Interstate 494