10/13/2026
MIAMI MULTIFAMILY OPPORTUNITY | 3.06% ASSUMABLE DEBT
We've been engaged on an off-market 438-unit Class A rental tower in Miami's urban core with the hardest piece already in place:
• $137.5M assumable debt at 3.06% fixed
• Interest-only through approx. 2031
• Approx. 57% LTV at the asking price
• 438 units, Class A, built 2018
• $240M asking price (~$548K/unit)
• 5.12% cap rate on seller-reported T12 NOI
• Walk Score 100 / Transit Score 97
• Prime urban-core location
The seller is open to an outright sale.
This is the type of opportunity where the value is in what's already locked in:
with the 10-year Treasury around 5.26%, a buyer could assume 3.06% fixed-rate debt on more than half the purchase price. That's financing that's very hard to replicate today.
Diligence matters here.
Florida property taxes are expected to be reassessed after a sale, which brings the cap rate to approx. 4.37%. The rent roll also needs reconciliation, so all operating figures are seller-reported and subject to verification.
Qualified family offices, funds, institutional investors and HNW buyers with acquisition capacity can DM me for the teaser and next-stage materials.
NCNDA and buyer profile required.
Proof of funds waivable for qualified institutions. Address and ownership disclosed at Stage Three.