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Case Study: Allapattah 3-Unit Multifamily Acquisition

Case Study: Allapattah 3-Unit Multifamily Acquisition

This is the first of what I hope to be a series of articles that highlights past deals. It is meant to give a more in depth analysis of the performance of some of our investments as well as give a general overview of the types of opportunities that we look for.

Type of Investment: Short-Term Value-Add, Buy & Hold

Overview

This particular property was a 3-Unit Multifamily in Allapattah, a well-known neighborhood in Miami that is a hotbed for investment as of the writing of this article. We found the property on the MLS, being advertised as a duplex with a 12% cap rate. Here is an excerpt from the listing:

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