Multifamily Investment – 19 Units in North Miami, FL – Recently Renovated with High Occupancy
Commercial Sale
Category: Multifamily
Price:$4,000,000
Location: North Miami, FL
Year Built: 1959
Days on Market: 5
Description:
Presenting Royal Oak Apartments, an expertly stabilized and freshly renovated 19-unit multifamily investment in the supply-constrained North Miami sub-market. Offering diversified unit typologies, reliable in-place income with majority market-rate tenancies, recent comprehensive renovations, and long-term durability with completed 40-Year Recertification, this asset delivers turnkey performance with curb appeal that lasts. The property has undergone a capital improvement overhaul, with extensive property-wide interior & exterior upgrades designed to support stable operations and long-term performance. Impact glass throughout and private terraces in select units enhance the property’s modern aesthetic, attracting tenants and supporting consistently high occupancy levels. Locationally supreme, North Miami is a submarket benefiting from strong renter demand, limited new multifamily supply, and equidistant proximity to major employment corridors and regional connectors as Biscayne Boulevard, NE 125 ST, NE 163 ST, and I-95.
Presenting Royal Oaks Apartments, an expertly stabilized, freshly renovated 19-unit multifamily investment in supply-constrained North Miami market.
Listing Code: 1149681210