A commercial property located in the bustling city of Miami, USA is now available for investment. Priced at $25,000 per share, this opportunity offers an estimated minimal return of 4.07% with a total property value of $2,140,000. The property consists of 8 independent units, each valued at approximately $265,000, making it a lucrative investment option.
The property is currently in good condition, but with a little updating, there is potential to increase rental rates and resale value. Fully tenanted, income will be generated from day one, and with falling interest rates, the demand for both rental and resale properties in the area is expected to rise.
Located in an area where planning regulations have recently changed, there is a significant amount of high-end, high-rise development underway. This makes the property an attractive option for developers, and as investors will own the building outright, there is the flexibility to sell at any time.
This investment opportunity offers a solid appreciation play with an above-average rental yield. It is an ideal choice for those looking to diversify their portfolio and benefit from substantial capital gains in the long run.
With studio apartments in the same neighborhood selling for $700,000, this commercial property presents a unique chance to capitalize on the growing real estate market in Miami. Don't miss out on this rare opportunity to invest in a property with great potential for growth and profitability.