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Updated 3 months ago on .

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Raising Capital – 10-Unit in South Beach, FL | Seller-Financed | 6.28% Cap | $151K An

Posted

Hey everyone,

I’m raising equity for a 10-unit multifamily deal in South Beach, Miami with seller financing in place. The property is 100% occupied, fully renovated, and producing strong cash flow right now.

Quick Specs:

Purchase Price: $4.75M

Seller Financing: $2M @ 6.5% IO (3-year balloon)

Cap Rate: 6.28%

Net Income: $281K

Cash Flow After Debt: ~$151K

Equity Structure: 75% LP / 25% GP

8% Preferred Return

I'm looking for 1–3 LPs who want to deploy capital into a stabilized asset in a prime location. DM me for the one-pager or T12.

— Daniel Vinogradov