Deal Teaser – Capri Tower – Residential complex at the city of North Miami Beach – Miami, FL

Business Description

The residential complex located in the city of North Miami Beach at 13899 Biscayne Blvd consists of 259 units from 600 to 2,000 square feet. The units range from studios to 1-, 2- and 3-bedroom units. Alongside the building are 7 townhouses with 2 and 3 bedrooms.
The property is already purchased, no debt and all the permits required to initiate the construction are done. The designer of this project is Mr. Carlos Ott, internationally known and successful architect.

The group is looking for an equity partner for the construction of this project. The estimated investment needed is US$ 115 million.

Key Financials

Additional Information

The construction of the residential complex will take 18-24 months.

Luis G. Santine Jr.

Partner
InfoCapital N.V. Advisory & Management