Description
FANTASTIC 16 UNIT CORNER CBS APARTMENT BUILDING ON 7TH STREET IN THE BEST AREA IN SOUTH BEACH, THIS DESIRABLE 2 STORY BUILDING IS COMPRISED OF 2-1/1'S AND 14 EFFICIENCY UNITS. LOCATED IN BETWEEN EUCLID AVE AND MERIDIAN AVE, THE PROPERTY RESIDES IN A HIGH DEMAND LOCATION AND IS CONSISTENTLY FULLY OCCUPIED. THE BUILDING FEATURES UPSIDE AS WHILE SOME UNITS ARE RENOVATED (ONE VERY RECENTLY, FEATURING HIGHER RENT), SOME CAN STILL BENEFIT FROM A UNIT IMPROVEMENT PROGRAM. IN ADDITION, RENTS ARE LOW FOR THE AREA.