51 Northwest 28th Street

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51 Northwest 28th Street

Miami, FL 33127
Asking Price
Contact for price
Cap Rate
6.3%
Asset Type
Multifamily
Class
Class B

What's Special

i5 Wynwood | Co-Living Multi-Family Building in Wynwood, Miami <p><span style="color: rgba(85, 85, 85, 1)">• 63 Units / 217 Beds, Delivered May 2024 by Related Group & W5 Group</span></p><p><span style="color: rgba(85, 85, 85, 1)">• ~92% Occupied at 24 Months Post-Delivery</span></p><p><span style="color: rgba(85, 85, 85, 1)">• Located in the Heart of Wynwood Arts District, Miami's Most Active Urban Growth Corridor and Cultural Epicenter</span></p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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