8 Units | 6950 NW 8th Avenue, , FL 33150

Sam Mekras Senior Investment Associate Exclusive Listing Direct: 786.671.0154 [email protected] 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Table of Contents Confidentiality Disclaimer

Property Description...... 3 This is a confidential Offering Memorandum intended solely for your limited use and benefit in de-termining whether you desire to express further interest into the acquisition of the Subject Property. This Offering Memorandum contains selected information pertaining to the Property Financial Analysis...... 12 and does not purport to be a representation of state of affairs of the Owner or the Property, to be all-inclusive or to contain all or part of the information which prospective investors may About MSP Group...... 15 require to evaluate a pur-chase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition, and other factors beyond the control of MSP Group Deals...... 25 the Owner or MSP Group ,LLC. Therefore, all projections, assumptions, and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approxima-tions. Additional information and an oppor- tunity to inspect the Property will be made available to all interested and qualified prospective purchasers. Neither the Owner or MSP Group, LLC. , nor any of their respective directors, offi- cers, affiliates or representatives are making any representation or warranty, expressed or -im plied, as to the accuracy or completeness of this Offering Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Offering Memorandum or use of its contents; and you are to rely solely on your own inves-tigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Offering Mem-orandum. The Owner shall have no legal commit-ment or obligation to any entity review-ing this Offering Memoran- dum or making an offer to purchase the Prop-erty unless and un-til written agreement(s) for the purchase of the Property have been fully executed, delivered, and approved by the Owner and any obligations therein have been satisfied or waived. By receipt of the Offering Memorandum, you agree that this Offering Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Offering Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or MSP Group, LLC. Furthermore , you agree not to use this Offering Mem-oran- dum or any of its con-tents in a manner detrimental to the interest of the Owner or MSP Group, LLC. In this Offering Memorandum, certain documents, including leases and other materi- als, are de-scribed in summary form. These summaries do not purport to be complete nor necessarily accu-rate descriptions of the full agreements referenced. Interested parties are so advised and expect-ed to review all such summaries and other documents of whatever nature independently and not to rely on `the contents of this Offering Memoran-dum in any manner.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MSP Group, LLC AGENT FOR MORE DETAILS

2 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Property Description

3 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Property Description

Address: 6950 NW 8th Avenue City, State Zip: Miami, FL 33150 County: Miami-Dade Folio: 01-3114-019-0860 Units: 8 Total Square Feet: 3,494 Year Built: 1956 Lot Size(SF): 6,316 # of Buildings: 1 # of Stories: 1 Framing: CBS Exterior Wall: Painted Stucco Roof Structure: Flat Wood Roof Covering: Built Up HVAC: Wall # Parking Spaces: 13 and Street

More Details MSP Group is pleased to have been appointed as the 6950 NW 8th Avenue is comprised of two (2) 1 bed- exclusive listing broker for 6950 NW 8th Avenue Miami, room 1 bathroom units and six (6) studio units. A rar- FL 33150. This 8-unit multifamily property is located ity in the area is off-street parking, something this in the City of Miami, just 1 block west US-441 and a property has plenty of with more than 1.5 space s per few blocks west of I-95 two of Miami’s most trafficked unit along with adequate street parking. The units are north south throughfares. The subject location on NW individually metered for both electric and water for 70th Street and 8th Avenue makes for a convenient lo- each tenant providing for more stable operating ex- cation as tenants can easily get to Downtown/, penses; and eliminating surprise water bills if tenants , Miami International Airport, the Port of Mi- leave a faucet running. The property’s low operating ami and many other major employment and economic cost, efficiently laid out units combined with the low hubs of Miami-Dade. In addition to the ease of access price per unit presents an excellent cash flowing mul- to highways, tenants of the subject property have ready tifamily asset in bustling Miami-Dade County. access to public transit.

4 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150 Aerial

NW 8th Avenue

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Edgewater/Midtown Downtown/Brickell Miami Beach

NW 62nd Street Exit 6

6950 NW 8th Ave

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Golden Beach/Sunny Isles Aventura Bal Harbour

6950 NW 8th Ave

NW 69th Street

7 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Unit 900 B - 1 Bed 1 Bath

8 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Unit 900 B - 1 Bed 1 Bath

9 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Unit 900 B - 1 Bed 1 Bath

10 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Unit 900 B - 1 Bed 1 Bath

11 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Financial Analysis

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Unit Mix Current Market Pro Forma # of Units Unit Type SF Rent Range Wtd Average Rent SF Rent Rent SF Rent Rent SF PF Growth 6 Studio 380 $600 - $800 $767 $2.02 $800 $2.11 $850 $2.24 10.87% 2 1 Bed 1 Bath 607 $800 - $900 $850 $1.40 $900 $1.48 $1,000 $1.65 17.65%

8 3,494 $788 $1.80 $825 $1.89 $888 $2.03 12.70%

Current Monthly Pro Forma Monthly Potential Rent Potential Rent $6,300 $7,100

Current Annual Pro Forma Annual 1 Bed 1 Bath, 25% Potential Rent Potential Rent $75,600 $85,200

Studio, 75%

Studio 1 Bed 1 Bath

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Income & Expense

List Price $795,000 Loan Assumptions $/Unit $99,375 Down Payment: 35% $278,250 $/SF $228 Loan Amount: 65% $516,750 Current Pro Forma Interest Rate: 3.50% Cap Rate 6.81% 8.11% Amortization: 30 Years DSCR/Debt Yield 1.95 10.48% 2.32 12.48% Leveraged Return 9.46% 13.17% Total Return 13.02% 16.86% Income % Per Unit Current % Per Unit Pro Forma Gross Potential Rent (GPR) $9,900 $79,200 $10,650 $85,200 Loss to Lease -4.55% ($450) ($3,600) 0.00% $0 $0

Gross Potential Income (GPI) $9,450 $75,600 $10,650 $85,200 Vacancy -5.00% ($473) ($3,780) -5.00% ($533) ($4,260)

Effective Gross Income $8,978 $71,820 $10,118 $80,940 Expenses Current Taxes 6.14% $551 $4,410 5.45% $551 $4,410 Insurance 7.30% $655 $5,241 6.48% $655 $5,241 Electric 0.84% $75 $600 0.74% $75 $600 Water and Sewer 0.00% $0 $0 0.00% $0 $0 Trash 5.85% $525 $4,200 3.71% $375 $3,000 Contract Services/Lanscaping 4.46% $400 $3,200 3.95% $400 $3,200

Total Expenses 24.58% $2,206 $17,651 20.32% $2,056 $16,451 Net Operating Income (NOI) $6,771 $54,169 $8,061 $64,489 Debt Service DSCR 1.95 $27,845 DSCR 2.32 $27,845 Leveraged Return 9.46% $26,324 13.17% $36,644 Principal Paydown $9,917 $9,917 Total Return 13.02% $36,241 16.73% $46,561 *Every unit individually metered for water

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About MSP Group

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About MSP Group

Integrity | Service | Results

To date, the duo of Deme Mekras and Elliot Shainberg have closed nearly ous sales awards, receiving several promotions and helped found the Miami $800,000,000 and more than 11,000 units in their careers. Deme and Elliot office prior to their departure in 2012. each began their professional careers in different parts of the country and in different industries, but both began in sales. They learned that hard work In late 2012, Deme was recruited at the partner level to join Franklin Street, and tenacity lead to results. While Deme was selling telecommunications based in Tampa. Deme agreed to open the firm’s Miami office and did so by services to small businesses in Miami, Elliot sold payroll solutions to small bringing his team of 4 professionals over with him. Over the next two years, and medium sized businesses in New York City. Both recent college gradu- Deme and Elliot established the firm’s brand in the South multifamily ates, they spent their days pounding the phones, beating the pavement and sales arena by closing more than $150,000,000 in deals. Despite their suc- literally knocking on doors. cess at Franklin Street, the time had come for them to spread their wings and launch their own enterprise. In 2015, Deme and Elliot founded MSP After proving themselves in competitive markets, they turned their attention Group and were off to the races. to real estate, which quickly became their passion. When they each entered the real estate business, neither knew the other existed, but both were hun- They set out to make MSP Group the most trusted brand in gry to learn and develop. This ambition and thirst for knowledge lead them commercial real estate. To accomplish their mission, they needed a plat- to entry level positions at Marcus & Millichap, one of the world’s largest form that would allow them to truly serve their clients, free from conflicting commercial brokerage houses. Elliot started with Marcus & Millichap in New corporate agendas and toxic work environments. Having left all of the in- York and Deme in Ft. Lauderdale. Shortly after marrying his wife, a South fighting, office politics and bureaucracy behind, Deme and Elliot were free to Florida native, Elliot moved to South Florida and joined the Ft. Lauderdale focus on what they do best…Delivering best-in-class results for their clients! office. Deme and Elliot spent the next 10 years at the firm, earning numer- MSP Group LLC is South Florida’s Premier Commercial Real Estate Brokerage House.

16 | MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com Follow Us 8 Units | 6950 NW 8th Avenue, Miami, FL 33150

Team Biographies

Deme Mekras - CEO, Managing Partner Deme is the visionary and Chief Executive Officer at MSP Group. Having closed the telecom chapter of his career, Deme pursued He is an expert in the multifamily arena and has closed nearly his calling in the real estate business. After a brief stint at CBRE, 10,000 units in his career as well as numerous commercial proper- he joined the ranks at Marcus & Millichap in Ft. Lauderdale, where ties and developable land. A dedicated specialist, Deme has a firm he earned the esteemed Rookie of the Year award in 2003. Later command over all aspects of the multifamily business and enjoys he became a founding member of the firm’s Miami office which a stellar reputation in the market. opened in 2005. Prior to his departure from Marcus & Millichap in 2012, Deme was recognized by the firm numerous times for his A Miami native, Deme grew up in the areas of Coral Gables and performance, including receiving the prestigious National Sales . He attended Ransom Everglades middle and high Achievement Award multiple times and earning the title of Vice schools before graduating from Coral Gables Senior High. He then President of Investment Sales. attended Southern Methodist University (SMU) where he earned his Bachelors in Business Administration, majoring in Organiza- He was pulled away from Marcus & Millichap in late 2012 after tional Behavior and Business Policy with a double minor in Span- being recruited at the partner level to join Franklin Street. Deme ish and Latin American Studies. Deme is fluent in Spanish which brought his entire team with him and opened Franklin Street’s Mi- vastly enhances his relationship with his Latin American clientele. ami office. Over the next 2 years, they put the previously un-recog- nized brand on the map in South Florida by closing $150,000,000 After finishing at SMU in Dallas, Deme returned home to Miami to in deals under the Franklin Street flag. Deme Mekras begin his professional career. He gained valuable experience in a CEO, Managing Partner variety of industries ranging from aviation to telecom. During his An entrepreneur at heart, going out on his own was a natural time as a salesperson in the telecom industry, Deme’s determina- evolution for Deme. In March of 2015, Deme and co-founder, Elliot tion and tenacity made him a consistent performer. His last sales Shainberg, launched MSP Group. Through their hard work and an (786) 671-0149 – Direct position in the tech world was at MCI/Worldcom. Fortunately, he unwavering commitment to their founding principles, the company (786) 208-2684 – Mobile had earned his salespersons license in 2001 and closed his first surpassed $100,000,000 in sales and closed over 900 units in the commercial real estate transaction just as the dot com crash was first full calendar year; and the rest is history…in the making! [email protected] unfolding.

Education Sales Achievements / Awards Southern Methodist University • Nearly $700 Million in Closed Deals • BBA in Organizational Behavior and Business Policy, 1998 • Nearly 10,000 units Closed • Double Minor Spanish and Latin American Studies • Power Leader - South Florida Business Journal, 2014 • Licensed Real Estate Broker - Florida • Sales Achievement Award - Franklin Street, 2014 • Company Sales Plaque—Marcus & Millichap, 2005,2006, 2012 • Seven-Figure Club—Marcus & Millichap, 2009-2012

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Team Biographies

Elliot Shainberg - Managing Partner Elliot is a Co-Founder and Managing Partner of MSP Group. He He was pulled away from Marcus & Millichap in late 2012 after be- has been in the multifamily business in South FL since late 2003 ing recruited with Deme Mekras to join Franklin Street. Elliot and and has closed on the sale of nearly 7,000 multifamily and frac- Deme put the previously unrecognized brand on the map in South tured condominium units in his career. Dedicat-ed to maximum Florida by closing $150,000,000 in deals under the Franklin Street performance for their clients, Elliot and his business partner Deme flag between January 2013 and March of 2015. Mekras, have built a reputation on putting their Clients’ need first and foremost while being aggressive and creative deal makers. A With 12 years of experience under his belt from large and mid-size Los Angeles, California native, Elliot also spent time living in the commercial real estate firms the next logical step for Elliot’s career New York City area prior to moving to South Florida with his wife in was to co-found MSP Group, which he did in 2015. Since opening 2003. He attended Yeshiva University in New York City where he MSP Group, Elliot and Deme have flourished and repeatedly take earned his Bachelor degree, majoring in Political Science. business from national and global competitors by cherishing their client relationships and leveraging their deep market knowledge. Prior to getting into the real estate business Elliot received multi- Their work ethic and commitment to their clients is punctuated ple sales achievement awards selling payroll related services for by the more than $100,000,000 and 900 units in closed deals Compupay in Midtown Manhattan from 1999 to 2002. In 2003 achieved in the first full calendar year since MSP Group launched and while still in New York, he entered the real estate industry and in 2015. The future is bright at MSP Group as the firm continues gained valuable experience in property management and then to build on its core principals of success! Elliot Shainberg multifamily investment sales for Marcus and Millichap. Elliot Managing Partner transferred to the firm’s Ft. Lauderdale office in 2003, where he focused on multifamily sales in Dade and Broward counties. Later he became a founding member of the firm’s Miami office which (786) 671-0151 – Direct opened in 2005 and was the firm’s top selling multifamily agent in (917) 992-6189 – Mobile their Miami office during the economic downturn of 2009, again proving his mettle. [email protected]

Education Sales Achievements / Awards Yeshiva University • Surpassed $370 Million in career closings • BA in Political Science • Nearly 7,000 Units Closed • Licensed Real Estate Salesperson - Florida • Sales Achievement Award - Franklin Street, 2014 • #1 Agent Marcus & Millichap Miami Office—2009

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Team Biographies

Sam Mekras - Senior Investment Associate In addition to being a founding member of MSP Group, Sam was Sam’s integrity, knowledge of finance, mastery of Microsoft Excel instrumental in developing MSP Group’s proprietary financial mod- and rigorous work ethic make him an invaluable asset to MSP els, proposal templates and marketing materials. As MSP Group Group. has progressed out of the start-up phase, Sam is an integral part of the MSP Group sales team, focusing on multifamily properties between 10 and 50 units in South Florida.

While Sam was born in Durham, North Carolina, he returned to his family roots, moving to Miami just before Hurricane Andrew in 1992. Both of Sam’s parents being Miami natives and strong family ties brought them back to Miami. Sam grew up in the South Miami area, attending Kenwood K-8 Center and later graduated from Florida Christian School.

He then went on to study at Florida International University (FIU) where he earned a Bachelors of Business Administration, majoring in Finance. Sam completed his post graduate studies at FIU and Sam Mekras obtained a Master of Science in Finance; earning a 3.8 grade point Senior Investment Associate average while shouldering a full time work load as a Senior Analyst at Franklin Street. (786) 671-0154 – Direct Prior to Franklin Street, Sam began his real estate career with a (786) 417-3709 – Mobile brief stint at Marcus & Millichap, assisting MSP Group CEO, Deme Mekras in all business functions. Sam logged a combined 3 years [email protected] at Marcus & Millichap and Franklin Street, where he gained valu- able experience, underwriting close to $500,000,000 of multifamily properties and helping to fa-cilitate the teams’ pipeline of closings.

Education Florida International University • Master Science of Finance, 2014 • BBA in Finance, 2013 • Licensed Real Estate Salesperson - Florida

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Our Team

Deme Mekras Elliot Shainberg Sam Mekras CEO, Managing Partner Managing Partner Senior Investment Associate

Cristy Franyie Eddie Bustamante Transaction and Marketing Coordinator Financial Analyst

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Our Advantage

Integrity | Service | Results Sales Volume

The three pillars of INTEGRITY | SERVICE | RESULTS are the foundation on which MSP Group was born and the philosophy that every member of our team is committed to. MSP Group’s success is obviously not due to our size, but rather an unwavering commitment to our mantra that “the Client’s agenda is the ONLY agenda.”

MSP Group founders, Deme Mekras and Elliot Shainberg, share their deep experience, market knowledge and industry relationships with their clients. Over the last 14 years, they have closed nearly $8000,000,000 and more than 11,000 units in multifamily sales. 11,000 $800,000,000

$ Volume Closed # of Units Sold

Specialization | Expert Analysis

MSP Group Clients benefit from expert valuations because we are multifamily specialists. We are acutely aware of market trends, submarket nuances and most importantly, current buyer demand. Our extensive network of active buy- ers, deep relationships with local, regional and national lenders all contribute to our ability to get even the toughest of deals closed.

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Lender Network

MSP Group maintains relationships with many local, regional, and national lenders that play a critical role in the liquidity of the apartment market.

Unlike Our Competitors Msp Group’s Wide Ranging Investor Pool

We pride ourselves on demonstrating genuine care about our Clients’ individ- ual circumstances and objectives. Whether you are a private investor or a billion dollar fund manager, MSP has the knowledge and experience to ser- vice your business. Because our approach is a holistic one, we understand that “sell now” isn’t always the best answer (when’s the last time you heard a broker say that!?!?).

25% 56% How We Get Maximum Results Out of State Local

Over the last 15 years MSP Group founders, Deme Mekras and Elliot Shain- berg, have closed nearly $800,000,000 and more than 11,000 units in mul- tifamily sales. MSP Group’s unmatched work ethic and experience consis- tently delivers best-in-class results to our Clients. Tailoring eachmarketing campaign to the subject Property and specific Client needs, we cast as wide of a net as possible to ensure market exposure that spans the globe and leaves no stone unturned. 19% International

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Global Reach

MSP Group maintains relationships with many local, regional, and national lenders that play a critical role in the liquidity of the apartment market.

Client’s Agenda

We broadly expose our listings to the market and often proactively market to the outside brokerage community. Many of our competitors keep their inventory in house and don’t expose it to the broader market. Some of them will tell you they “cooperate”, but what they don’t tell you is that they make cooperating brokers jump through hoops and divulge personal information about their Buyer before releasing information about the opportunity. This tactic helps our competitors keep more Seller-paid commissions in the pockets of the listing broker, but this is at the expense of the very Client they are supposed to be serving! At MSP Group, the Client’s agenda is the ONLY Agenda! The client’s agenda Is the only agenda

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Client’s Testimonials

Both Deme and Elliot We wanted to Deme and his staff They promised us more are extremely diligent thank you for your went far above and value and they delivered. and professional and guidance, patience beyond the call of duty. Our experience working know how to get deals and proffesionalism in with the MSP Group has closed. getting the deal done. been exceptional. Freddy Sayegh Andrew Gordon Howard E. Kurzweil, ESQ Sebastian Barbagallo Freshwater Group LLC Stratford Management B&L Management Group

READ LETTER READ LETTER READ LETTER READ LETTER

Their tenacity and A testament to I could not imagine Deme is a rarity on commitment to their your determined, a better person to the South Florida Real client... professional effort for deal with than Deme Estate scene. which I am grateful. Mekras.

David S. Allen Gary A. Tave, P.E. Carlos Tosca Elizabeth Sargent Realty Financial Partners Managing Member PalmCorp Development South Florida Living

READ LETTER READ LETTER READ LETTER READ LETTER

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MSP Group Deals

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Available Deals

Chateaux Gardens San Souci Monterrey North Miami

Price: Price per Unit: Price: Price per Unit: $3,800,000 $292,308 $3,795,000 $158,125

Units: Year Built: UNDER Units: Year Built: 13 1995 24 1966 CONTRACT 301 Sharar Avenue Opa Locka Verona Miami Shores

Price: Price per Unit: Price: Price per Unit: $2,700,000 $168,750 $3,525,00 $88,125

UNDER Units: Year Built: Units: Year Built: 40 1953 16 1957-59 CONTRACT

Eureka Point Gardens Miami Art Building West Palm Beach

Price: Price per Unit: Price: Price per Unit: $1,450,000 $25,000 $1,950,000 $108,333

UNDER Buildable Year Built: Units: Year Built: Units: TBD 18 1924 CONTRACT 58

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Available Deals

12326 NE 6th Avenue North Miami 6950 NW 8th Avenue Miami

Price: Price per Unit: Price: Price per Unit: $1,300,000 $130,000 $825,000 $103,125

Units: Year Built: Units: Year Built: 10 1959 8 1959

845 SW 6th Street Homestead 154 SW 18th Court Miami

Price: Price per Unit: Price: Price per Unit: $415,000 $207,500 $590,000 $73,750

UNDER Units: Year Built: Units: Year Built: 8 1958 2 1926 CONTRACT

6220 NE Miami Place Miami

Price: Price/Buildable Unit: $325,000 $29,545

UNDER Buildable Units: Year Built: 11 TBD CONTRACT

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Closed Deals

Avesta Portfolio Florida Venice by Garco Homestead

Price: Price per Unit: Price: Price per Unit: $81,363,000 $37,000 Undisclosed Undisclosed

Units: Year Built: Units: Year Built: CLOSED 2,199 Multiple CLOSED 242 2007-13

Sunset Palms Davie Palm Terrace Hollywood

Price: Price per Unit: Price: Price per Unit: $38,500,000 $121,069 $19,550,000 $101,822

Units: Year Built: Units: Year Built: CLOSED 318 1975 CLOSED 192 1968

Southwood Miami Hialeah Portfolio Hialeah

Price: Price per Unit: Price: Price per Unit: $14,185,000 $98,507 $14,100,000 $87,578

Units: Year Built: Units: Year Built: CLOSED 144 1979 CLOSED 161 1958-1968

*Partial list of closed deals

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Closed Deals

Palm Gardens Wilton Manors Miller Lake Miami

Price: Price per Unit: Price: Price per Unit: $14,100,000 $85,890 $12,450,000 $159,615

Units: Year Built: Units: Year Built: CLOSED 163 1969 CLOSED 78 1970

Vizcaya Villas Tamarac Riverwalk II Homestead

Price: Price per Unit: Price: Price per Unit: $12,350,000 $95,736 $12,000,000 $107,143

Units: Year Built: Units: Year Built: CLOSED 129 1990 CLOSED 112 1994

Kimberly North Lauderdale Noden Miami

Price: Price per Unit: Price: Price per Unit: $11,900,000 $119,000 $11,400,000 $121,277

Units: Year Built: Units: Year Built: CLOSED 100 1960 CLOSED 94 1968-70

*Partial list of closed deals

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Closed Deals

Grand Island II & III North Miami Beach Monserratt Miami

Price: Price per Unit: Price: Price per Unit: $11,000,000 $100,000 $10,410,000 $86,750

Units: Year Built: Units: Year Built: CLOSED 110 1959-69 CLOSED 120 2000

1105 W 76th Street Hialeah Windward Lakes Pompano Beach

Price: Price per Unit: Price: Price per Unit: $10,400,000 $136,842 $9,600,000 $92,308

Units: Year Built: Units: Year Built: CLOSED 76 1968 CLOSED 104 1992

Sovereign Bank Portfolio Florida Sabal Pointe Condos Palm Springs

Price: Price per Unit: Price: Price per Unit: $9,000,000 $24,523 $8,190,000 $70,000

Units: Year Built: Units: Year Built: CLOSED 367 Multiple CLOSED 117 1973

*Partial list of closed deals

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Closed Deals

Intermex Miami Autumn Chase Condos Largo

Price: Price per SF: Price: Price per Unit: $7,474,000 $294 $7,431,956 $56,000

SF: Year Built: Units: Year Built: CLOSED 25,420 1994 CLOSED 124 1975

Shady Oaks St. Petersburg California Club Miami

Price: Price per Unit: Price: Price per Unit: $7,100,000 $37,566 $7,050,000 $110,156

Units: Year Built: Units: Year Built: CLOSED 189 1972 CLOSED 64 1978

78 Unit Portfolio Miami Springs Miami D Miami Gardens

Price: Price per Unit: Price: Price per Unit: $6,300,000 $80,769 $6,050,000 $54,018

Units: Year Built: Units: Year Built: CLOSED 78 Multiple CLOSED 112 1972

*Partial list of closed deals

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Closed Deals

Jaclyn Hialeah Capital Oaks Villas Tallahassee

Price: Price per Unit: Price: Price per Unit: $6,050,000 $84,028 $5,850,000 $69,643

Units: Year Built: Units: Year Built: CLOSED 72 1970 CLOSED 84 1974 CLOSED

Continental Springs Miami Springs Del Rio Miami

Price: Price per Unit: Price: Price per Unit: $5,300,000 $96,364 $4,620,000 $60,000

Units: Year Built: Units: Year Built: CLOSED 55 1966 CLOSED 77 1963 CLOSED

Greenview Tamarac Tamarac Crespi Waterfront Miami Beach

Price: Price per Unit: Price: Price per Unit: $4,515,000 $35,000 $4,300,000 $179,167

Units: Year Built: Units: Year Built: CLOSED 129 1990 CLOSED 24 1969

*Partial list of closed deals

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P +1 (786) 671-0155 | F +1 (786) 364-1577 | E [email protected] MSP Group LLC | 7480 Bird Road, PH 830, Miami, FL 33155 | www.MSPGroup.com