The Befeler Group | Airport Manor Apartments
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About Airport Manor Apartments

 

4350 Northwest 10th Street, Miami, Florida
Acquisition: 2010

 

An affiliate of Befeler Group acquired a garden-type 56-unit apartment complex in Miami-Dade County about two-minutes driving distance from Miami International Airport, one of the busiest airports in the world.  The property serves mostly airport personnel and their families and sits on an entire city block within the urban core in one of the highest demand rental areas in Miami.  When the property was acquired, it was under severe distress and only 30% of tenants were paying rent.  The property was immediately repositioned, remodeled, and upgraded and has since been consistently 100% leased with a waiting list of future tenants.

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New, Organic Shapes