542 SW 7th St
Miami, Florida, 33130, United States
- ft²
0.13 acres
- beds
- baths
Property Provided By
- Mauricio Villasuso
- Fausto Commercial Realty Consultants Inc
- +1 (305) 753-3295
Connect with local buyer agents who are willing to offer commission savings!
Property Information
This is a new 33-bedroom co-living building in Little Havana designed to provide affordable, convenient, and move-in ready housing for middle-income renters aged 25-35 with incomes between $45k-$150k. Each private room comes with a unique digital lock for security, fully furnished, all utilities-included, professionally cleaned, and periodically serviced. Some rooms have shared bathrooms, while others have en-suite bathrooms, and the building has communal spaces such as spacious living rooms and fully equipped kitchens. Sellers have the option to sign a 5 year master lease with Common/Habyt, a multi-million dollar company and the world’s largest operator of co-living properties which comes with a corporate guarantee of an NOI of $282,673 and them assuming all maintenance costs.
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All leases are long-term, and the bedrooms function as studios, yielding higher rents per square foot for investors while spreading risk across a broader spectrum of tenants.
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Courtesy of Fausto Commercial Realty Consultants Inc.
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This content last updated on 2024-10-14 15:29:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Property Provided By
- Mauricio Villasuso
- Fausto Commercial Realty Consultants Inc
- +1 (305) 753-3295
Connect with local buyer agents who are willing to offer commission savings!
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