24-Unit Value-Add Multi-Family 1801 NW 54th St 24 Unit Apartment Building $4,695,000 ($195,625/Unit) 6.53% Cap Rate Miami, FL 33142

THE ALPHA COMMERCIAL ADVISORS® PROUDLY PRESENTS A 24-UNIT MULTI-FAMILY ASSET WITH STABLE IN-PLACE INCOME AND COMPELLING VALUE-ADD POTENTIAL IN EMERGING MIAMI WORKFORCE HOUSING SUBMARKET….
Offering consistently high occupancy for this balanced mix of (6) 2 Bed/1 Bath and (18) 1 Bed/1 Bath units spread between market-rate and Section 8 tenancies, the property delivers dependable cashflow today with meaningful upside tomorrow via incremental capital improvements and rental growth. Featuring certainty from an up-to-date building recertification, select units have also benefited from interior upgrades including flooring, appliances, kitchens, and bathrooms. Additional features include on-site parking for approximately 11 vehicles, immediate access to mass transit, and coveted garden-style courtyard layout supporting continued modernization of the aesthetic.
Positioned on a visible corner location along the path-to-progress NW 54th Street corridor, the asset benefits from excellent connectivity to the broader Miami urban core, providing convenient access between neighboring submarkets as Allapattah, West Little River, Buena Vista, Little Haiti and Midtown. As investment and redevelopment activity continues to expand throughout the West of I-95 region, Liberty City presents an attractive advantage to acquire a high-performing, low-risk asset with durable income, operational upside, and long-term appreciation potential.
INVESTMENT HIGHLIGHTS
Stabilized High-Performance Cash-Flow: Consistently high occupancy levels for this 24-unit multifamily asset with multiple avenues for short and long-term value creation further supported by underlying commercial zoning.
Balanced Unit Mix & Income Profile: Sought-after courtyard configuration with (6) 2 Bed/1 Bath units and (18) 1 Bed/1 Bath units, paired with a near-even split of Section 8 subsidized rent and market-rate flexible tenancies.
Available Value-Add Upside: Many units feature interior upgrades with ample value left to add, providing a clear blueprint for future renovations and continued incremental rental growth.
Well-Maintained, Fully-Recertified Building: Completed 40-year and 10-year recertifications, with roof approximately 12 years old and a portion recently replaced, providing certainty and durability so new owner can allocate capX on their timeline.
Strategic Urban Core Location: Advantageous, visible corner positioning along emerging NW 54th Street corridor, offering excellent connectivity to surrounding urban core neighborhoods, public transit routes, and mixed-use optionality as area re-develops alongside large-scale investment.