First Apartments | Miami, FL

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Video added by Walker & Dunlop - Company and Property Videos | Date Uploaded: July 04, 2023 | Date Created: February 16, 2022

Description

WDIS South Florida is pleased to present First Apartments, a brand new 194 unit luxury mid-rise apartment community ideally situated in burgeoning East Little Havana. Completed in late 2021, the community received its TCO on September 1st, 2021 and has enjoyed extraordinary leasing velocity since opening. As of January 2022, the community reached 90% occupied and 95% leased, representing initial leasing velocity of nearly 45 leases per month. Even more impressive, lease rates have steadily increased with recent leases signed more than 25% above initial leases. This impressive performance is a testament to the appeal of the asset and its excellent location, proximate to key demand drivers, entertainment venues and transit routes.


Categories:
Commercial Properties for Sale
Property Types:
Multifamily
States:
FLORIDA
Regions:
Miami-Dade County, Southeast Florida
Cities:
Miami


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