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The West Brickell Portfolio | 501 SW 4th Ave., Miami, FL 33130 OFFERING MEMORANDUM

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  • The West Brickell Portfolio | 501 SW 4th Ave., Miami, FL 33130

    OFFERIN

    G M

    EMO

    RANDU

    M

  • The West Brickell PortfolioCONTENTS

    Rafael FermoselleDirector305-299-4136

    [email protected]

    We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent thecurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

    01 Executive Summary Executive Summary 5 Unit Mix Summary 6 Location Summary 7

    02 Property Description Property Features 9 Aerial Map 10 Property Images 11

    03 Rent Comps Rent Comparables Summary 14 Rent Comparables Map 24

    04 Sale Comps Sale Comparables Summary 26 Sale Comparables Charts 31 Sale Comparables Map 32

    05 Rent Roll Rent Roll Details 34

    06 Financial Analysis Income & Expense Analysis 36

    07 Demographics Demographics 38 Demographic Charts 39

  • The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to bereviewed only by the party receiving it from Eleven Trust and it should not be made available to any other person or entity withoutthe written consent of Eleven Trust . By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such informationin the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offeringmemorandum. If you have no interest in the subject property, please promptly return this offering memorandum to Eleven Trust .This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospectivepurchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not asubstitute for a thorough due diligence investigation. Eleven Trust has not made any investigation, and makes no warranty orrepresentation with respect to the income or expenses for the subject property, the future projected financial performance of theproperty, the size and square footage of the property and improvements, the presence of absence of contaminating substances,PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, orfinancial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subjectproperty. The information contained in this offering memorandum has been obtained from sources we believe reliable; however,Eleven Trust has not verified, and will not verify, any of the information contained herein, nor has Eleven Trust conducted anyinvestigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy orcompleteness of the information provided. All potential buyers must take appropriate measures to verify all of the information setforth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

    The West Brickell Portfolio Confidentiality and Disclaimer | 03

    CONFIDENTIALITY AND DISCLAIMER:

    PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONTACT THE ELEVEN TRUST ADVISOR FOR MORE DETAILS.Copyright © 2018 CREOP, LLC. All Rights Reserved.

  • The West Brickell Portfolio | Executive Sum

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    Executive Summary

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    Offering Summary

    Unit Mix Summary

    Location Summary

  • The West Brickell Portfolio Executive Summary | 05

    OFFERING SUMMARYADDRESS 501 SW 4th Ave. Miami FL 33130

    COUNTY Miami-Dade

    MARKET Miami-Dade

    SUBMARKET Little Havana

    BUILDING SF 5,120

    LAND SF 14,775

    NUMBER OF UNITS 11

    YEAR BUILT 1954

    APN 01-0202-080-1080

    OWNERSHIP TYPE Fee Simple

    FINANCIAL SUMMARYOFFERING PRICE $2,000,000

    PRICE PSF $390.63

    PRICE PER UNIT $181,818

    OCCUPANCY 98.00 %

    NOI (CURRENT) $78,106

    NOI (Pro Forma) $106,330

    CAP RATE (CURRENT) 3.90 %

    CAP RATE (Pro Forma) 5.31 %

    PROPOSED FINANCINGLOAN TYPE

    DOWN PAYMENT $800,000

    LOAN AMOUNT $1,200,000

    INTEREST RATE 4.00 %

    ANNUAL DEBT SERVICE $68,748

    LOAN TO VALUE 60 %

    DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2016 Population 79,881 262,203 499,674

    2016 Median HH Income $44,533 $36,753 $37,141

    2016 Average HH Income $72,226 $63,440 $64,359

    Eleventrust is proud to present 501 West Brickell. 501 Sw 4 Avewas built in 1954, on 14,775 square feet lot, zoned T-4 with anadjusted building square feet of 5,120. The property has elevenunits, nine, one bedroom and one bath apartments averaging 500square feet per unit and two, two bedroom one bath apartmentsaveraging 650 square feet. The buildings are one story withentrances on both sides of the unit. Wall unit air conditioning andJalousie windows throughout.

    Rents in the building range from $950 to $1,250 per month.Utilities such as water and waste removal are the responsibility ofthe landlord and electricity is tenants responsibility. On-siteparking for all units and street parking for visitors. With aninvestment of $8-10,000 per unit, the investor may upgrade theunits and increase rents to $1300 per month.

  • Actual MarketUnit Mix # Units Square Feet Current Rent Rent PSF Monthly

    IncomeMarket Rent Market Rent

    PSFMarket Income

    1 bd / 1 ba 9 450 $1,022 $2.27 $9,200 $1,272 $2.83 $11,4502 bd / 1 ba 2 675 $1,225 $1.81 $2,450 $1,450 $2.15 $2,900

    Totals/Averages 11 491 $1,059 $2.19 $11,650 $1,305 $2.70 $14,350

    The West Brickell Portfolio Unit Mix Summary | 06

  • The West Brickell Portfolio Location Summary | 07

    With a population north of 76,163 residents, LittleHavana is the center of social, cultural and politicalactivity in Miami. Hispanic culture permeateseverything in Little Havana - colorful murals,monuments to heroes past and present, elderly menplaying dominoes as they discuss politics and cigarrollers deep at work amidst Little Havana’s ever-present aroma of Cuban cofee. These scenes of dailylife in Little Havana play out amidst a backdrop ofpulsating traditional Cuban and Afro-Cuban music,storefronts, unique art galleries and quaint typicalrestaurants.

    Little Havana landmarks include: Calle Ocho, the maindrag of Little Havana, where fruit stands, art galleries,Cuban restaurants and cigar shops line the avenueand Walkway of the Stars, which honors LatinAmerican celebrities including Gloria Estefan and CeliaCruz. At Domino Park, there are daily heated dailydomino games among practiced locals. Take a breakand grab a show at Tower Theater, a restored ArtDeco theater and cultural venue.

    On the last Friday of each month, Little Havana hostsViernes Culturales, or Cultural Fridays, a monthlygallery night showcasing the cultural arts scene of theneighborhood. Little Havana ofers a taste of multi-cultural Miami at its best.

    Regional Map

    Locator Map

  • The West Brickell Portfolio | Property Description

    Property Description

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    Property Features

    Aerial Map

    Property Images

  • The West Brickell Portfolio Property Features | 09

    Site DescriptionNUMBER OF UNITS 11

    BUILDING SF 5,120

    LAND SF 14,775

    LAND ACRES 0.34

    YEAR BUILT 1954

    # OF PARCELS 1

    ZONING TYPE T4-R

    BUILDING CLASS B

    LOCATION CLASS B

    NUMBER OF STORIES 1

    NUMBER OF BUILDINGS 3

    NUMBER OF PARKING SPACES 13

    PARKING RATIO 1:1

    WASHER/DRYER On-Site

    FEES & DEPOSITSAPPLICATION FEE $100.00

    SECURITY DEPOSIT 1 Month

    PET FEE $250.00

    MECHANICALHVAC Wall Unit

    FIRE SPRINKLERS Smoke Detector

    UTILITIESWATER Paid By Owner

    TRASH Paid By Owner

    GAS N/A

    ELECTRIC Paid By Tenant

    RUBS N/A

    CONSTRUCTIONFOUNDATION Concrete Slab

    FRAMING Concrete

    EXTERIOR Concrete Finish

    PARKING SURFACE Asphalt

    ROOF Gable

    LANDSCAPING Grass, Trees & Shrubs

  • The West Brickell Portfolio Aerial Map | 10

  • The West Brickell Portfolio Property Images | 11

    Kitchen Living Room

    Living Room/Kitchen Bedroom

  • The West Brickell Portfolio Property Images | 12

    Bathroom Closet

    Bedroom Living Room/Kitchen

  • The West Brickell Portfolio | Rent Com

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    Rent Comps

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    Rent Comparables

    Rent Comparables Map

  • The West Brickell Portfolio Rent Comparables Summary | 14

    1

    461 SW 6th St., Miami, FL 33130

    Property SummaryUNITS 10

    YEAR BUILT 1958

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    1 bd + 1 ba 1 407 $1,050 $2.57

    1 bd + 1 ba 1 407 $1,050 $2.57

    1 bd + 1 ba 1 407 $1,050 $2.57

    1 bd + 1 ba 1 407 $1,000 $2.45

    Total/Avg 4 407 $1,038 $2.54

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 15

    2

    469 SW 3rd St., Miami, FL 33130

    Property SummaryUNITS 10

    YEAR BUILT 1960

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    1 bd + 1 ba 1 433 $1,200 $2.77

    Total/Avg 1 433 $1,200 $2.77

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 16

    3

    479 SW 3rd St., Miami, FL 33130

    Property SummaryUNITS 10

    YEAR BUILT 1960

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    1 bd + 1 ba 1 433 $1,200 $2.77

    Total/Avg 1 433 $1,200 $2.77

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 17

    4

    520 SW 6th St. , Miami, FL 33130

    Property SummaryUNITS 4

    YEAR BUILT 1940

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    1 bd + 1 ba 1 677 $1,200 $1.77

    Total/Avg 1 677 $1,200 $1.77

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 18

    5

    650 SW 10th St. , Miami, FL 33130

    Property SummaryUNITS 6

    YEAR BUILT 1970

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    1 bd + 1 ba 1 650 $1,200 $1.84

    Total/Avg 1 650 $1,200 $1.84

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 19

    6

    660 SW 10th St. , Miami, FL 33130

    Property SummaryUNITS 4

    YEAR BUILT 1953

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    1 bd + 1 ba 1 578 $1,350 $2.33

    Total/Avg 1 578 $1,350 $2.33

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 20

    7

    191 SW 12th St., Miami, FL 33130

    Property SummaryUNITS 12

    YEAR BUILT 1971

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    2 bd + 1 ba 1 851 $1,750 $2.05

    Total/Avg 1 851 $1,750 $2.05

    Unit Mix Breakdown

    Comparables Rent Analysis

    2 bd / 1 ba $1,225 - $1,750

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 21

    8

    458 SW 10th St., Miami, FL 33130

    Property SummaryUNITS 6

    YEAR BUILT 1972

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    2 bd + 1 ba 1 660 $1,395 $2.11

    2 bd + 1 ba 1 660 $1,375 $2.08

    Total/Avg 2 660 $1,385 $2.10

    Unit Mix Breakdown

    Comparables Rent Analysis

    2 bd / 1 ba $1,225 - $1,750

    LOW HIGH

    2 bd / 1 ba $1,225 - $1,750

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 22

    9

    1100 SW 10th St., Miami, FL 33130

    Property SummaryUNITS 2

    YEAR BUILT 1948

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Asking Rent Rent per SF

    2 bd + 1 ba 1 1,243 $1,675 $1.34

    Total/Avg 1 1,243 $1,675 $1.34

    Unit Mix Breakdown

    Comparables Rent Analysis

    2 bd / 1 ba $1,225 - $1,750

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Summary | 23

    S

    The West Brickell Portfolio501 SW 4th Ave., Miami, FL

    Property SummaryUNITS 11

    YEAR BUILT 1954

    OCCUPANCY 98.00 %

    Unit Mix and Rent ScheduleUnit Mix # of Units Square Feet Rent Summary Rent per SF

    1 bd / 1 ba 9 450 $1,022 $2.27

    2 bd / 1 ba 2 675 $1,225 $1.81

    Totals/Averages 11 491 $1,059 $2.19

    Unit Mix Breakdown

    Comparables Rent Analysis

    1 bd / 1 ba $1,000 - $1,350

    LOW HIGH

    2 bd / 1 ba $1,225 - $1,750

    LOW HIGH

  • The West Brickell Portfolio Rent Comparables Map | 24

    # Address City

    S 501 SW 4th Ave. Miami1 660 SW 10th St. Miami2 650 SW 10th St. Miami3 520 SW 6th St. Miami4 479 SW 3rd St. Miami5 469 SW 3rd St. Miami6 461 SW 6th St. Miami7 1100 SW 10th St. Miami8 458 SW 10th St. Miami9 191 SW 12th St. Miami

  • The West Brickell Portfolio | Sale Com

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    Sale Comparables

    Sale Comparables Charts

    Sale Comparables Map

  • The West Brickell Portfolio Sale Comparables Summary | 26

    1

    461 SW 6th St., Miami, FL 33130

    TOTAL UNITS 10

    YEAR BUILT 1958

    SALE PRICE $1,150,000

    PRICE/UNIT $115,000

    PRICE/SF $282.56

    CLOSING DATE 7/11/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

    2

    550 SW 7 ST, Miami, FL 33130

    TOTAL UNITS 6

    YEAR BUILT 1953

    SALE PRICE $972,270

    PRICE/UNIT $162,045

    PRICE/SF $350.49

    CLOSING DATE 6/2/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

  • The West Brickell Portfolio Sale Comparables Summary | 27

    3

    570 SW 7 ST, Miami, FL 33130

    TOTAL UNITS 5

    YEAR BUILT 1952

    SALE PRICE $772,275

    PRICE/UNIT $154,455

    PRICE/SF $279.20

    CLOSING DATE 6/2/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

    4

    553 SW 3rd St., Miami, FL 33130

    TOTAL UNITS 5

    YEAR BUILT 1979

    SALE PRICE $855,000

    PRICE/UNIT $171,000

    PRICE/SF $114.00

    CLOSING DATE 2/5/2016

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

  • The West Brickell Portfolio Sale Comparables Summary | 28

    5

    921 SW 7th St., Miami, FL 33130

    TOTAL UNITS 6

    YEAR BUILT 1973

    SALE PRICE $1,000,000

    PRICE/UNIT $166,667

    PRICE/SF $133.33

    CLOSING DATE 3/30/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

    6

    1918 SW 3rd Ave., Miami, FL33129

    TOTAL UNITS 14

    YEAR BUILT 1926

    SALE PRICE $2,000,000

    PRICE/UNIT $142,857

    PRICE/SF $208.38

    CLOSING DATE 11/17/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

  • The West Brickell Portfolio Sale Comparables Summary | 29

    7

    427 SW 7th St., Miami, FL 33130

    TOTAL UNITS 5

    YEAR BUILT 1980

    SALE PRICE $1,050,000

    PRICE/UNIT $210,000

    PRICE/SF $219.71

    CLOSING DATE 11/17/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

    8

    369 SW 5th St., Miami, FL 33130

    TOTAL UNITS 8

    YEAR BUILT 1956

    SALE PRICE $1,125,000

    PRICE/UNIT $140,625

    PRICE/SF $295.66

    CLOSING DATE 11/22/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

  • The West Brickell Portfolio Sale Comparables Summary | 30

    9

    610 SW 14th Ave., Miami, FL33135

    TOTAL UNITS 7

    YEAR BUILT 2008

    SALE PRICE $1,100,000

    PRICE/UNIT $157,143

    PRICE/SF $154.39

    CLOSING DATE 11/22/2017

    Cap Rate Range

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

    DOM Range

    LOW HIGH

    S

    The West Brickell Portfolio501 SW 4th Ave., Miami, FL

    TOTAL UNITS 11

    YEAR BUILT 1954

    ASKING PRICE $2,000,000

    PRICE/UNIT $181,818

    PRICE/SF $390.63

    CAP RATE 3.90 %

    OCCUPANCY 98.00 %

    Cap Rate Range 3.90 % - 3.90 %

    LOW HIGH

    Price/Unit Range $115,000 - $210,000

    LOW HIGH

  • The West Brickell Portfolio Sale Comparables Charts | 31

  • The West Brickell Portfolio Sale Comparables Map | 32

    # Address City

    S 501 SW 4th Ave. Miami1 461 SW 6th St. Miami2 550 SW 7 ST Miami3 570 SW 7 ST Miami4 921 SW 7th St. Miami5 553 SW 3rd St. Miami6 610 SW 14th Ave. Miami7 369 SW 5th St. Miami8 427 SW 7th St. Miami9 1918 SW 3rd Ave. Miami

  • The West Brickell Portfolio | Rent Roll

    Rent Roll

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    Rent Roll Details

  • The West Brickell Portfolio Rent Roll Details | 34

    Unit Square Feet Unit Mix Monthly Rent PSF Market Rent501-1 450 1 bd / 1 ba $1,000 $2.22 $1,250501-2 450 1 bd / 1 ba $1,000 $2.22 $1,250501-3 675 2 bd / 1 ba $1,050 $1.56 $1,450501-4 675 2 bd / 1 ba $1,400 $2.07 $1,450511-1 450 1 bd / 1 ba $1,000 $2.22 $1,450511-2 450 1 bd / 1 ba $1,000 $2.22 $1,250511-3 450 1 bd / 1 ba $1,000 $2.22 $1,250511-4 450 1 bd / 1 ba $1,000 $2.22 $1,250521-1 450 1 bd / 1 ba $1,250 $2.78 $1,250521-2 450 1 bd / 1 ba $950 $2.11 $1,250521-3 450 1 bd / 1 ba $1,000 $2.22 $1,250

  • The West Brickell Portfolio | Financial Analysis

    Financial Analysis

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    Income & Expense

  • The West Brickell Portfolio Income & Expense Analysis | 36

    INCOME CURRENT PRO FORMA

    Gross Potential Rent $139,800 $169,800

    Laundry $2,000 $2,000

    Gross Potential Income $141,800 $171,800

    Less: General Vacancy $2,796 $3,396

    Effective Gross Income $139,004 $168,404

    Less: Expenses $60,898 $62,074

    Net Operating Income $78,106 $106,330

    Annual Debt Service $68,748 $68,748

    Debt Coverage Ratio 1.14 1.55

    Cash Flow After Debt Service $6,608 $34,832

    EXPENSES CURRENT PRO FORMA

    Real Estate Taxes $3,000 $33,000 $3,000 $33,000

    Insurance $750 $8,250 $750 $8,250

    Management Fee $505 $5,560 $612 $6,736

    FPL $109 $1,200 $109 $1,200

    Repairs & Maintenance $250 $2,750 $250 $2,750

    Water / Sewer $636 $7,000 $636 $7,000

    Landscaping $82 $900 $82 $900

    Waste Services $203 $2,238 $203 $2,238

    Total Operating Expense $5,536 $60,898 $5,643 $62,074

    Reserves $250 $2,750 $250 $2,750

    Expense / SF $11.89 $12.12

    % of EGI 43.81 % 36.86 %

    Per Unit Per Unit

    REVENUE ALLOCATION

    DISTRIBUTION OF EXPENSES

  • The West Brickell Portfolio | Dem

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    Demographics

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    Demographic Details

    Demographic Charts

  • The West Brickell Portfolio Demographics | 38

    POPULATION 1 MILE 3 MILE 5 MILE

    2000 Population 41,356 188,958 408,892

    2010 Population 59,633 223,701 446,062

    2016 Population 79,881 262,203 499,674

    2021 Population 89,332 284,124 534,122

    2016 African American 6,685 26,854 88,309

    2016 American Indian 347 1,090 1,690

    2016 Asian 1,653 3,699 6,409

    2016 Hispanic 58,963 203,627 343,540

    2016 White 64,397 208,461 367,321

    2016 Other Race 4,229 13,788 21,592

    2016 Multiracial 2,559 8,245 14,230

    2016-2021: Population: Growth Rate 11.30 % 8.10 % 6.70 %

    2016 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

    less than $15,000 8,374 25,689 45,927

    $15,000-$24,999 4,835 15,813 29,986

    $25,000-$34,999 3,345 12,573 23,720

    $35,000-$49,999 4,143 13,684 26,667

    $50,000-$74,999 6,098 16,305 30,606

    $75,000-$99,999 3,815 9,289 16,746

    $100,000-$149,999 4,292 9,705 17,789

    $150,000-$199,999 1,696 3,957 7,284

    $200,000 or greater 2,290 5,332 10,483

    Median HH Income $44,533 $36,753 $37,141

    Average HH Income $72,226 $63,440 $64,359

    HOUSEHOLDS 1 MILE 3 MILE 5 MILE

    2000 Total Housing 18,803 81,868 181,849

    2010 Total Households 27,736 93,214 185,136

    2016 Total Households 38,893 112,352 209,219

    2021 Total Households 43,863 122,610 224,087

    2016 Average Household Size 2.00 2.28 2.35

    2000 Owner Occupied Housing 3,068 21,626 55,521

    2000 Renter Occupied Housing 13,606 51,769 106,019

    2016 Owner Occupied Housing 6,295 25,486 58,695

    2016 Renter Occupied Housing 32,598 86,865 150,524

    2016 Vacant Housing 8,608 19,268 37,754

    2016 Total Housing 47,501 131,620 246,973

    2021 Owner Occupied Housing 6,969 27,157 61,716

    2021 Renter Occupied Housing 36,894 95,452 162,372

    2021 Vacant Housing 8,844 19,866 39,115

    2021 Total Housing 52,707 142,476 263,202

    2016-2021: Households: Growth Rate 12.15 % 8.80 % 6.90 %

    Source: esri

  • The West Brickell Portfolio Demographic Charts | 39

    1 Mile Radius 3 Mile Radius 5 Mile Radius

    2016 Household Income

    1 Mile Radius 3 Mile Radius 5 Mile Radius

    2016 Population by Race

  • The West Brickell Portfolio Demographic Charts | 40

    2016 Household Occupancy - 1 Mile Radius

    Average Income Median Income

    2016 Household Income Average and Median

  • The West Brickell Portfolio

    Rafael FermoselleDirector305-299-4136

    [email protected]

    powered by CREOP