960 S Le Jeune Rd
Miami, FL 33134

$5,850,000

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Status Active
Listing Commercial
Style Other
Year Built 1969
MLS® A10670257
Original Listing Open Link
Commercial For Sale

Property Features
The Keyes Company is proud to exclusively market Vega's Apartments, a 30 unit apartment community located at 960 South LeJeune Road in Miami, Florida. This multi-family asset offers substantial “value-add” upside by exercising the opportunity to raise rents and bringing them to current market rates as renewals take place. With a strong local rental market and a vacancy rate is virtually 0%, upward leasing rates can be expected to continue well into the future. Vega's Apartments provide an investor a unique opportunity to acquire a well maintained property with the opportunity to increase income and value over time with improvements and operational efficiencies. There is strong demand in the Class C rental market- due to a short supply of affordable rental properties.
Key Features
Lot Size 0.48 acres
Property Type Commercial
Year Built 1969
Style Other
Stories 3.0
Parking Spaces 30-car
Interior Features
Cooling Central A/C
Exterior Features
Lot Size 0.48 acres
Roof Composition Shingle
Parking Spaces 30-car
Parking Type Assigned, Covered
Street Parking No
The Neighborhood
County Miami-dade County

Disclaimer: Copyright © 2019 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Carlos Villanueva JR
The Keyes Company
Direct: 305-772-3897
Broker: 305-443-7423
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Carlos Villanueva JR
The Keyes Company
Direct: 305-772-3897
Broker: 305-443-7423
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.