brickell condos bulk sale 19 units • infinity & axis ......brickell infinity floor plans...

Brickell Condos Bulk Sale 19 Units • Infinity & Axis Condominiums

Offering Memorandum

Fabio Faerman • CCIM • MBA • Broker AssociateCommercial Division VP - Fortune International RealtyCell/WhatsApp +1.786.262.9966 • [email protected]

FA Commercial - Fortune International Realty’s Commercial Division(The information herein is believed to be accurate but is not warranted.)

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1. Executive Summary Offering Summary Location Map The Offering Investment Summary Infinity at Brickell

i. Building Featuresii. Residential Amenities

Axis at Brickelli. Building Featuresii. Residential Amenities

Investment Highlights Key Investment Highlights Brickell Tomorrow

2. Property Overview Infinity Floor Plans Axis Floor Plans

3. Financial Overview Rent Roll Infinity at Brickell Rent Roll Axis at Brickell

4. Area Overview Brickell Infinity Floor Plans Infinity Floor Plans Infinity Floor Plans All Aboard Florida Miami WorldCenter Miami Transportation

5. Demographic Reports6. Confidential Memorandum7. About the Company

Summary

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Executive Summ

ary

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FA Commercial - Fortune International Realty’s Commercial Division


(The information herein is believed to be accurate but is not warranted.)

Offering Summary

OFFERING PRICE

• Both Properties:

$ 8,921,710

• Infinity Condo at Brickell Bulk

$ 4,289,710

• Axis Condo at Brickell Bulk

$ 4,632,000

• Owner will sell all together

STRUCTUREInvestors should base their offers on an “as-is” and “where-is” basis.

TERMSAll cash due at closing, no debt to be assumed.

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Location Map

Infinity at Brickell

Brickell-Miami, FL

Axis at BrickellSouth

Axis at BrickellNorth

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The Offering

FA Commercial and Fortune International Realty are pleased to announce that we have been appointed exclusive advisors for the marketing and sale of a great bulk condo opportunity in Brickell. This includes properties located at two splendid residential buildings: The Axis and Infinity Condominiums at Brickell.

INVESTMENT SUMMARY

Outstanding opportunity to acquire a condo bundle in Miami’s exclusive Financial District Area. The Infinity Condo has 9 Units for sale & the Axis Condo has 10 units for sale. The total offering is 19 units.

Infinity Condo at Brickell

9 Units / Price:Address:Building Name:Units Number:

Condo Size Range: Units For Sale:Building Total Units: Total SF For Sale:Price per SF:

$4,289,71060 SW 13th Street, Miami, FL 33130 Infinity at Brickell - Package of 9 Units 2816 | 3214 | 3814 | 4209 | 46014602 |3412 | 3604 | 3620993 SF - 1,460 SF9 Units45911,167 SF$415

Lower Price/Unit: $430,400Higher Price/Unit: $516,560Average Price/Unit: $476,634Property Type:Property Sub-Types:Property Use Type:Building Height:No. Stories:Year Built:Zoning:NOI:Occupancy:

Residential IncomeSingle-Unit (SFR/Condo) Investment630 FT5620086408 RAPID TRANSIT-HIGH DENSIT$108,924100%

Infinity at Brickell | 9 Units | Bulk Sale

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INVESTMENT SUMMARY

Axis Condo at Brickell

10 Units / Price:Address:

Building Name:Units Number:

Condo Size Range: Units For Sale:Building Total Units: Total SF For Sale: Price per SF:Lower Price/Unit:Higher Price/Unit:Average Price/Unit: Property Type:Property Sub-Types:Property Use Type:No. Stories:Year Built:Zoning:NOI:Occupancy:

$4,632,00079 SW 12th Street, Miami, FL 33130 | North Tower 1111 SW 1st. Ave., Miami, FL 33130 | South Tower Axis at Brickell - Package of 10 Units3007-S | 1720-N | 2306-S | 1812-S | 1804-S1903-S | 3403-S | 2122-N | 2123-N | 2704-S 1,076 SF -1,174 Sf 10 Units78811,152 SF$378$357,120$585,200$463,200Residential IncomeSingle-Unit (SFR/Condo)Investment3820086408 RAPID TRANSIT-HIGH DENSIT$144,207100%

Axis at Brickell | 10 Units | Bulk Sale

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Welcome to Infinity at Brickell

The 56-story luxury condominium is changing the way residents live, work and play in Miami’s prestigious Brickell financial district. The award winning

design features the unique loft concept within 459 residences and incorporates more than 42,000 square feet of office-condominium space and 6,000

square feet of high-end retail space.

Infinity at Brickell is a skyscraper in Miami, Florida, United States. It is located in Downtown’s Brickell Financial District. When it topped out, it was the 7th

tallest building in Miami and Florida. Although not in the same complex, it was built across the street from Infinity II site, hence its name. The location is

in southwestern Brickell, on South Miami Avenue near 13th Street. The building opened in 2008. It is 630 feet (190 m) tall, and has 52 floors. It is about 100

feet (30 m) shorter than Infinity II was supposed to be. The lower floors of the building are dedicated to office space and retail, while the upper floors

are used for residential units. The architects are Adache Group Architects and Borges & Associates.

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Building FeaturesDramatic 10 to 20 foot ceiling heights (floor to floor).

Expansive glass walls with dramatic city views.

Private wrap-around terraces.

Lavish master bedroom suites.

Spacious walk-in closets.

Impact resistant windows and sliding glass doors to meet hurricane codes.

Pre-wired for cable television, telephone and computer.

Brand name stacked, large capacity washer and dryer.

High efficiency air-conditioning system.

Residential AmenitiesSpacious contemporary lobby with walls of glass two stories high.Spectacular infinity pool and deck.State-of-the-art private fitness center and spa.Private “Club Infinity” access (40th - 52nd level).Roof terrace with breathtaking views of the miami skyline.Signature restaurant on ground floor.24-hour concierge service and doorman.Full security - state-of-the-art monitored security surveillance.Valet parking.Residents’ delivery service.Enclosed and secured garage parking.Air-conditioned storage lockers.Commercial office space available (levels 2 thru 11).

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Axis at Brickell

The Axis condo in Brickell Miami, designed by Arquitectonica, is high-rise residential condominium in Brickell featuring two residential towers with one, two and three bedroom units. Axis promises affordable luxury living in the heart of Miami and it is located just steps away from Mary Brickell Village, home to many shops and restaurants like Publix, PF Chang’s, and many more. It is a short drive from the American Airlines Arena, the Performing Arts Center, and South Beach.

And in the heart of it all, Downtown/Brickell area is one of the country’s most sophisticated urban neighborhoods filled with culture,nightlife and much more. It’s one of the newest most popular areas to live in! You’ll never need to get in your car to go anywhere-you’re a short stroll from world-class restaurants, smart boutiques and everything-you-need shops. Miami’s vibrant business district – our own “Wall Street South” – is just steps away. And for zipping around downtown, the Metro Mover can whisk you where you need to be for business or pleasure. When it comes to nightlife the area is full of art openings to intimate bistros, the electricity of Miami Heat games at the American Airlines Arena to the best of the performing arts at Gusman Center, and the Brickell nightlife has its own energy. Living at The Axis, you’re in the heart of it all!

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Axis at Brickell

Building Features• Kids Play Room.• Business center with Wi-Fi access.• 24/7 roving security and a full-time front desk concierge staff.• Valet parking available for guests and residents.• 24/7 fitness center fully equipped with cardio and weight machines, free weights and flexibility/balance training areas.• Wellness center for yoga, Pilates, aerobics, or various martial arts practice.• Tropical garden hot tub.• Poolside cabanas.• Lavishly designed lobby, front desk and common area décor with rich stone and hardwood finishes.• Modern artistic finishes and architectural details throughout building.• Two resort-style infinity pools – the Sunrise & Sunset pools.• His-and-hers spas with changing rooms and steam rooms.• Flexible gathering space lounge areas, billiard room, and bistro-style bar seating, with access to kitchen including pantry areas.• Free Wi-Fi access on amenities level.

Residential Amenities

1-bedroom, 2-bedroom, 3-bedroom and Townhome Residences Feature:

• Panoramic views of the bay, city or gardens.

• Large, apartment-length balconies in most residences, designed with

outdoor gathering and enjoyment in mind

• Glass balcony railings for unobstructed views indoors or out.

• Walk-in closets in all master bedrooms.

• High, 9-foot-plus ceilings.

• Open living-dining/great room layouts.

• Energy-efficient tinted windows and sliding glass doors.

• Thick-paned glass that meets South Florida’s toughest hurricane

protection standards and provides excellent sound protection and

privacy.

• High-efficiency air-conditioning and heating units.

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Investment Highlights

• Great Location / Excellent Visibility

• In the heart of Miami’s prestigious Brickell area

• High Traffic Counts

• Sophisticated and contemporary Buildings

• Dramatic Views - Private wrap-around terraces

• Residential Income

• Great opportunity to acquire a Bulk Condo in

the important Miami’s Financial

• District area.

Infinity Condo at Brickell Infinity Condo at Brickell Infinity Condo at Brickell

Axis Condo at Brickell Axis Condo at Brickell Axis Condo at Brickell

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Key Investment Highlights

Prime location in Miami, Brickell it is a desirable address associated with business and finance. Brickell Avenue is lined with high-rise office buildings and residential condominiums, as well as many banks and restaurant. As Miami’s “Manhattan of the South,” Brickell takes fiscal business to new heights. Towering financial centers, luxury condo complexes, and elevated metrorails shade the neighborhood’s favorite cafes and clubs along Miami Avenue. Despite its no-nonsense reputation as a reputable business hub, Brickell still boasts Miami’s best attributes—endless sunshine and laid-back attitudes.This is the new hot central neighborhood of Miami, which is currently undergoing a major transformation. This is one of the only places not only in Florida but in the entire Southeast where you can live/work/play without a car and walk everywhere. Brickell is the home to the tallest building in Florida (Four Seasons); the largest concentration of International Banks in the U.S.; numerous high-rise residential apartments and

hotels (Mandarin Oriental, Four Seasons, Conrad, Viceroy, Hampton Inn, Hotel Urbano); the First Physician’s Office in Miami and Miami Circle, Tequesta Indian Burial Grounds.There is the Brickell Metro Station; the Metromover and the Brickell Trolley for transportation. Parking

at the Hotels and even at the high-rise Condo buildings will vary in price like any large city. There are only a few places with free parking such as one of the Publix Parking lots and the Strip

Mall Parking Lots on SE 8th. The most widely used parking garage is in Mary Brickell Village. There are parking meters throughout Brickell that are enforced 24/7. You can pay by credit card, cash or by paybyphone.com.With its happening social scene, Brickell is home to some of the best restaurants and entertainment hot spots in the city.What makes this neighborhood so appealing? There’s just something really great about people living, working and socializing in an urban space.Not only are people flocking to the neighborhood,

so are commercial businesses. Brickell is a major financial hub in the U.S. and attracts many international companies. Workers have chosen to eliminate those taxing commutes from the ‘burbs and embrace the live/work/play concept.

Young professionals and a steady influx of foreigners relocating to the area are fueling the demand. This has created a really cool, sophisticated vibe in the area.

As Miami’s “Manhattan of the South,”

Brickell takes fiscal businessto new heights.

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Key Investment Highlights

Properties offered are all and all the perfect location, being in the center of one of the biggest entertainment and financial districts, one that is on top of its game, but at the same time bringing a hometown feel.

Attractive Demographic Profile — Exceptionally well located in affluent, business, and densely populated downtown Miami Area with 51,178 people within a 1-mile radius, 192,846 within a 3-mile radius, and 435,210 within 5 miles.

Demographics 2015 1 mile 3 mile 5 milePopulation 56,584 203,448 443,305Average Household Income $68,886 $53,565 $53,203 Per Capita Income $36,831 $23,731 $23,992

Annual Average Daily TrafficSW 13th Street 20,500

Axis Condo at Brickell

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Brickell Tomorrow

Property Overview

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Infinity Floor Plans

Units 3814 | 2816 | 3214

Units 3604| 3620 | 3412

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Infinity Floor Plans

Unit4601

Units4209 | 4602

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Units4209 |4602

Axis Floor Plans

Units 1804 | 1903 | 2122 | 2123 | 2704 | 3403

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Axis Floor Plans

Units 1720 | 1812 | 2306 | 3007

Financial Overview

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Rent Roll Infinity at Brickell

APARTMENTS/ RENTALS YEAR 2015-2016Axis Brickell

UNIT Type Unit Type Current Monthly Rent

Annual Condo Fees

Annual Property Taxes Price SF Area Price P/SF

1 3007 1bd/1bth Northeast/City 2,500$ -$ 8,358$ $516,560 1174 $4402 1720 1bd/1bth Northeast/City 2,350$ -$ 7,577$ $493,080 1174 $4203 2306 1bd/1bth South/Bay 2,520$ -$ 7,990$ $493,080 1174 $4204 1812 1bd/1bth Northwest/City 2,500$ -$ 7,438$ $493,080 1174 $4205 1903 2bd/2bth South/Bay 2,400$ -$ 6,860$ $430,400 1076 $4006 1804 2bd/2bth South/Bay 2,400$ -$ 6,797$ $430,400 1076 $4007 3403 2bd/2bth South/Bay 2,500$ -$ 7,813$ $430,400 1076 $4008 2704 2bd/2bth South/Bay 2,550$ -$ 7,445$ $484,200 1076 $4509 2122 2bd/2bth North/City 2,600$ -$ 7,251$ $430,400 1076 $400

10 2123 2bd/2bth North/City 2,500$ -$ 7,229$ $430,400 1076 $400Monthly Total 24,820$ -$ 74,757$ $4,632,000 11152 $415.35

Total Annual Rent 297,840$ Asking Price $4,632,000Total Annual Condo Fees $ NOI $ $144,206.81 Total Annual Property Taxes 74,757$ Cap Rate 3.1%

Price P/SF $415.35

NOI 144,207$

$78,876

The estimates and assumptions stated are not a guarantee for the performance of the investment. Prospective buyers should analyze and independently verify all assumptions on renovation costs, rental incomes or any comparable information contained above.

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Rent Roll Axis at Brickell

APARTMENTS/ RENTALS YEAR 2014


UNIT TypeUnit Type

Current Monthly Rent

Annual Condo Fees

Annual Property Taxes

Price SF Area Price P/SF

1 4602 2/3 E 3,200$ -$ 8,917$ $531,375 1417 $3752 4209 2/3 E 2,350$ -$ 8,613$ $585,200 1417 $4133 4601 2/3 C 3,200$ -$ 8,786$ $584,000 1460 $4004 3412 2/2.5 J 2,500$ -$ 7,456$ $473,770 1298 $3655 3620 2/2.5 J 2,500$ -$ 7,530$ $480,260 1298 $3706 3604 2/2.5 J 2,600$ -$ 7,530$ $480,260 1298 $3707 3214 1/1.5 K 2,100$ -$ 5,566$ $367,410 993 $3708 2816 1/1.5 K 2,100$ -$ 5,456$ $357,480 993 $3609 3814 1/1.5 K 1,900$ -$ 5,734$ $377,340 993 $380

Monthly Total 22,450$ $ 65,588- $ $4,237,095 11,167 $379.43

Total Annual Rent 269,400$ Asking Price $4,237,095Total Annual Condo Fees $ NOI $108,924 $ Total Annual Property Taxes 65,588$ Cap Rate 2.6%

Price P/SF $379.43NOI 108,924$

$94,888


AS OF DATE 11/23/2015

Unit(s) Owner Tenant Lease Start Date Lease End Date Rent per Sq Ft ($) Total Sq. Ft. Number of BdRm/Baths

Property Taxes HOA Fees Monthly Rent Annual $

3007 Axis Investments Corner North, LLC Alexter Frazier 12/12/2014 11/12/2015 2.13 1,174 2.2 $8,358.16 697$ 2,500.00$ 30,000.00$

1720 Axis Investments Corner North, LLC Amy Ferguson 1/7/2015 6/30/2016 2.00 1,174 2.2 $7,576.66 683$ 2,350.00$ 28,200.00$

2306 Axis Investments Corner South, LLC Ricardo Espinosa 11/13/2015 12/11/2016 2.15 1,174 2.2 $7,990.38 695$ 2,520.00$ 30,240.00$

1812 Axis Investments Corner South, LLC Danny Hakim 2/6/2015 2/12/2015 2.13 1,174 2.2 $7,437.85 697$ 2,500.00$ 30,000.00$

1804 Axis Investments 2B South, LLC Kyle Morabito & Omar Issa 5/20/2015 2/29/2016 2.23 1,076 2.2 6,796.63 637$ 2,400.00$ 28,800.00$

1903 Axis Investments 2B South, LLC Sulayne Hernandez 1/9/2015 8/31/2016 2.23 1,076 2.2 $6,860.13 637$ 2,400.00$ 28,800.00$

3403 Axis Investments 2B South, LLC Lacey Gorochow & Christine Alfaro 5/14/2015 5/13/2016 2.32 1,076 2.2 $7,812.92 637$ 2,500.00$ 30,000.00$

2122 Axis Investments 2B North, LLC Lance Stephan / Walter Cooper 7/30/2015 7/29/2016 2.42 1,076 2.2 $7,250.52 626$ 2,600.00$ 31,200.00$

2123 Axis Investments 2B North, LLC Jean Paul Asdod 1/2/2015 1/31/2016 2.32 1,076 2.2 $7,228.87 627$ 2,500.00$ 30,000.00$

2704 Axis Investments 2B North, LLC Mathew Troha / Melissa Gonzalez 12/31/2014 12/30/2015 2.37 1,076 2.2 $7,445.07 637$ 2,550.00$ 30,600.00$

2816 Infinity Investments 900, LLC Jose Miguel Garcia / Courtney Rodriguez 1/3/2015 2/29/2016 2.12 992 1 - 1.5 $5,456.07 687$ 2,100.00$ 25,200.00$

3214 Infinity Investments 900, LLC Lisa Guadan 11/20/15 5/20/16 2.12 992 1 - 1.5 $5,565.86 687$ 2,100.00$ 25,200.00$

3814 Infinity Investments 900, LLC Marta Colomar 8/15/2015 8/14/2016 1.92 992 1 - 1.5 $5,734.44 687$ 1,900.00$ 22,800.00$

3604 Infinity Investments 1300, LLC Jessica Beckman / Andrew Wooddroff 1/1/2015 12/31/2015 1.97 1,320 2 - 2.5 $7,530.13 900$ 2,600.00$ 31,200.00$

3620 Infinity Investments 1300, LLC Itambi Awanga / Zacharie Ayanwgo 1/8/2015 7/31/2016 1.89 1,320 2 - 2.5 $7,530.13 903$ 2,500.00$ 30,000.00$

3412 Infinity Investments 1300, LLC Julie Navarro 11/30/2014 11/29/2015 1.89 1,320 2 - 2.5 $7,455.55 914$ 2,500.00$ 30,000.00$

4209 Infinity Investments 1400, LLC Miguel Caballero 1/12/2015 11/30/2016 1.61 1,463 2 - 2.5 $8,612.76 1,043$ 2,350.00$ 28,200.00$

4601 Infinity Investments 1400, LLC Joaquin Chamizo 9/13/15 12/9/2016 2.19 1,460 2 - 2.5 $8,785.97 1,040$ 3,200.00$ 38,400.00$

4602 Infinity Investments 1400, LLC Veronica Beach 10/3/2015 9/3/2016 2.09 1,528 2 - 2.5 $8,917.25 1,046$ 3,200.00$ 38,400.00$

22,539 116,404.59$ 14,482$ 47,270.00$ 567,240.00$

Date (12 month):Year Revenues and Expenses

Item AmountPrepared by: Eloisa Alonso

Rent Income Other Income Total Income

Total Expenses Income TaxesNET INCOME / LOSS

RENT ROLL FORM24





Area O

verview

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Brickell

Brickell lies south of the Miami River, extending south to SE 26th Road (the Rickenbacker Causeway), and is mostly mixed financial and residential north of Broadway (SW 15th Road), and mostly residential south of Broadway. Brickell is home to 31,759 year-round residents.The area of Brickell south of Broadway and is mainly low and mid-rise residential buildings west of Brickell Avenue and high-rise residential to the east of Brickell Avenue. This area of Brickell includes the “Millionaires’ Row” section of Brickell Avenue, home to many expensive residences, and home to many of Miami’s most expensive apartments and condominiums, as well as some iconic Miami skyscrapers, such as the Atlantis Condominium.Prime location in Miami, Brickell it is a desirable address associated with business and finance. Brickell Avenue is lined with high-rise office buildings and residential condominiums, as well as many banks and restaurant. As Miami’s “Manhattan of the South,” Brickell takes fiscal business to new heights. Towering financial centers, luxury condo complexes, and elevated metrorails shade the neighborhood’s favorite cafes and clubs along Miami Avenue. Despite its no-nonsense reputation as a reputable business hub, Brickell still boasts Miami’s best attributes—endless sunshine and laid-back attitudes.The restaurants are located throughout Brickell including: Mary Brickell Village, Brickell Avenue including inside the Hotels; South Miami Avenue and SE 8th Street.

There are two major Health Clubs (LA Fitness, LA Sports Club), two CrossFit Gyms, and several small parks (dog walkers, one with an outdoor basketball court). The most popular places to walk/jog/run include: Brickell Avenue to Key Biscayne Bridge and Brickell Avenue to Brickell Key Island along the water with breathtaking views of Key Biscayne Bay, the Port of Miami and Downtown Miami.With its happening social scene, Brickell is home to some of the best

restaurants and entertainment hot spots in the city.

What makes this neighborhood so appealing? There’s just something really great about people living, working and socializing in an urban space.Not only are people flocking to the neighborhood, so are commercial businesses. Brickell is a major financial hub in the U.S. and attracts many international companies.

Workers have chosen to eliminate those taxing commutes from the ‘burbs and embrace the live/work/play concept.

Young professionals and a steady influx of foreigners relocating to the area are fueling the demand. This has created a really cool, sophisticated vibe in the area.

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Brickell City CentreBrickell City Centre is a $1.05 billion shopping and mixed-use project that will, when finished, span four blocks to the west of Brickell Avenue and to the south of the Miami River, in downtown Miami, Florida.The project is being developed by Swire Properties Inc (the US subsidiary of Swire Properties Ltd), and will span 9 acres including a department store, luxury shops, restaurants, hotel, office towers and condominiums. The hotel flag was awarded to EAST, a Swire Hotels brand, which will be their first venture in North America. Currently there are EAST hotels in Hong Kong and Beijing, China. In February 2013, Swire Properties and the owners of Bal Harbour Shops announced that they had come to an agreement to co-develop the retail portion of the development. Later, in 2015, mall developer Simon Property Group also became a retail partner. Parts of the project are expected to open by the end of 2015, while the retail portion may open by the end of the following year.Strategically located in the center of the Brickell financial district, this is the single largest project currently underway in downtown Miami. Brickell City Centre is anticipated to bring a whole new level of urban living and sophistication to the area.

The highlights of the project include:• 9.1 acres along South Miami Avenue between Eighth Street and Sixth Street• 5.4 million square feet of office, residential, hotel, retail and entertainment space, in addition to a two-level underground parking garage that spans seven acres below the property• An environmentally progressive Climate Ribbon™ architectural feature that will provide innovative climate control so shoppers can walk in comfort between stores and restaurants• Incorporates key transportation centers with the Miami Metromover while offering easy access to Interstate 95

Economic Impact• Approximately $1 billion in overall economic impact• Approximately 1,700 construction jobs on average per year for four years• Approximately 3,700 direct jobs and 2,500 indirect jobs after construction completion• $5.4 million in ad valorem taxes for the City of Miami• $1 million in annual revenue from parking surcharges for the City of Miami• $6.1 million in permit and impact fees for the City of Miami• $9.6 million annually in ad valorem taxes from Miami Dade County• $1.2 impact fees for Miami Dade County

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Brickell Life

Fabio Faerman


Recently, the City of Miami, along with the Downtown Development Authority, has begun bicycle initiaves promoting city-wide bike parking and bike lanes, that have made bicycling much more popular for residents.Bike lanes and bike sharrows are currently planned for the majority of Downtown streets to be painted by the end of 2010. TheVenetian Causeway is a popular bicycle commuter route that connects South Beach to Downtown. The Rickenbacker Causeway is very popular on weekends for recreational bicyclists, and often times, bicycles can out number cars on the causeway. Nine at

Mary Brickell Village

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Downtown MiamiDowntown Miami

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Fabio Faerman


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Miami WorldCenter

Fabio Faerman


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Miami Transportation

Fabio Faerman


Demographic Reports

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Traffic Count Map

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Traffic Count Map Close Up

SW 13th Street

Sout

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Bric

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SW 12th Street

SW 11th Street

1

2

* 1 The Axis at Brickell* 2 Infinity at Brickell

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Drive Time Map

5 Minutes

10 Minutes

15 Minutes

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Executive Summary

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Demographic and Income Profile|1 mileDemographic and Income Profile79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 1 mile radius Latitude: 25.76254

Longitude: -80.19481

Summary Census 2010 2015 2020Population 46,565 56,584 65,647Households 24,619 30,290 35,479Families 10,188 12,086 13,880Average Household Size 1.89 1.87 1.85Owner Occupied Housing Units 7,269 7,254 8,010Renter Occupied Housing Units 17,350 23,036 27,469Median Age 35.0 35.9 35.8

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 3.02% 1.05% 0.75%Households 3.21% 1.05% 0.77%Families 2.81% 0.95% 0.69%Owner HHs 2.00% 0.91% 0.70%Median Household Income 3.75% 2.89% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 6,436 21.2% 7,021 19.8%$15,000 - $24,999 3,101 10.2% 2,629 7.4%$25,000 - $34,999 3,022 10.0% 2,843 8.0%$35,000 - $49,999 3,738 12.3% 4,122 11.6%$50,000 - $74,999 4,490 14.8% 6,037 17.0%$75,000 - $99,999 2,951 9.7% 3,923 11.1%$100,000 - $149,999 3,215 10.6% 4,345 12.2%$150,000 - $199,999 1,750 5.8% 2,542 7.2%$200,000+ 1,585 5.2% 2,016 5.7%

Median Household Income $44,378 $53,336Average Household Income $68,886 $78,290Per Capita Income $36,831 $42,267

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 2,568 5.5% 2,802 5.0% 3,147 4.8%5 - 9 1,475 3.2% 2,420 4.3% 2,525 3.8%10 - 14 1,209 2.6% 1,664 2.9% 2,363 3.6%15 - 19 1,364 2.9% 1,514 2.7% 1,793 2.7%20 - 24 3,877 8.3% 4,130 7.3% 4,531 6.9%25 - 34 12,769 27.4% 14,723 26.0% 17,524 26.7%35 - 44 8,256 17.7% 10,313 18.2% 11,147 17.0%45 - 54 5,523 11.9% 6,895 12.2% 7,984 12.2%55 - 64 4,239 9.1% 5,446 9.6% 6,355 9.7%65 - 74 2,869 6.2% 3,732 6.6% 4,675 7.1%75 - 84 1,753 3.8% 2,098 3.7% 2,563 3.9%

85+ 664 1.4% 849 1.5% 1,042 1.6%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 40,038 86.0% 48,411 85.6% 56,199 85.6%Black Alone 1,952 4.2% 2,363 4.2% 2,681 4.1%American Indian Alone 137 0.3% 194 0.3% 256 0.4%Asian Alone 1,177 2.5% 1,605 2.8% 2,019 3.1%Pacific Islander Alone 9 0.0% 12 0.0% 16 0.0%Some Other Race Alone 1,927 4.1% 2,345 4.1% 2,617 4.0%Two or More Races 1,326 2.8% 1,653 2.9% 1,859 2.8%

Hispanic Origin (Any Race) 31,759 68.2% 38,645 68.3% 45,692 69.6%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

October 19, 2015

©2015 Esri Page 1 of 6

Demographic and Income Profile79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 1 mile radius Latitude: 25.76254


AreaStateUSA

Trends 2015-2020Trends 2015-2020

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2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20152020

Population by AgePopulation by Age

Perc

ent

25

20

15

10

5

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2015 Household Income 2015 Household Income

<$15K21.2%

$15K - $24K10.2%

$25K - $34K10.0%

$35K - $49K12.3%

$50K - $74K14.8%

$75K - $99K9.7%

$100K - $149K10.6%

$150K - $199K5.8%

$200K+5.2%

2015 Population by Race2015 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2015 Percent Hispanic Origin: 68.3%


October 19, 2015


38




Demographic and Income Profile |3 milesDemographic and Income Profile79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 3 mile radius Latitude: 25.76254





<$15,000 24,238 27.3% 25,900 26.2%$15,000 - $24,999 13,307 15.0% 11,090 11.2%$25,000 - $34,999 10,386 11.7% 9,902 10.0%$35,000 - $49,999 11,727 13.2% 12,933 13.1%$50,000 - $74,999 10,524 11.8% 14,131 14.3%$75,000 - $99,999 6,233 7.0% 8,336 8.4%$100,000 - $149,999 6,354 7.2% 8,449 8.6%$150,000 - $199,999 2,810 3.2% 4,005 4.1%$200,000+ 3,246 3.7% 4,072 4.1%



0 - 4 10,842 5.9% 11,161 5.5% 12,016 5.4%5 - 9 7,955 4.3% 10,511 5.2% 10,637 4.8%10 - 14 7,295 4.0% 8,239 4.0% 10,460 4.7%15 - 19 8,348 4.5% 8,153 4.0% 8,922 4.0%20 - 24 13,576 7.4% 13,790 6.8% 13,978 6.3%25 - 34 35,457 19.2% 38,750 19.0% 42,653 19.1%35 - 44 29,001 15.7% 31,668 15.6% 33,288 14.9%45 - 54 25,252 13.7% 27,671 13.6% 28,966 13.0%55 - 64 18,816 10.2% 22,309 11.0% 25,830 11.6%65 - 74 13,929 7.6% 16,102 7.9% 19,423 8.7%75 - 84 10,018 5.4% 10,428 5.1% 11,799 5.3%

85+ 3,975 2.2% 4,665 2.3% 5,187 2.3%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 146,912 79.6% 162,760 80.0% 179,918 80.6%Black Alone 19,546 10.6% 20,094 9.9% 20,858 9.3%American Indian Alone 658 0.4% 836 0.4% 1,020 0.5%Asian Alone 2,452 1.3% 3,117 1.5% 3,779 1.7%Pacific Islander Alone 48 0.0% 54 0.0% 60 0.0%Some Other Race Alone 9,268 5.0% 10,242 5.0% 10,770 4.8%Two or More Races 5,580 3.0% 6,346 3.1% 6,756 3.0%



October 19, 2015




AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t)

3.5

3

2.5

2

1.5

1

0.5


20152020


Perc

ent

18

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K27.3%

$15K - $24K15.0%

$25K - $34K11.7%

$35K - $49K13.2%

$50K - $74K11.8%

$75K - $99K7.0%

$100K - $149K7.2%

$150K - $199K3.2%

$200K+3.7%


Perc

ent

80

70

60

50

40

30

20

10




October 19, 2015


39




Demographic and Income Profile|5 milesDemographic and Income Profile79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 5 mile radius Latitude: 25.76254





<$15,000 48,130 25.6% 49,921 24.6%$15,000 - $24,999 27,565 14.7% 22,356 11.0%$25,000 - $34,999 21,143 11.3% 19,576 9.6%$35,000 - $49,999 26,965 14.4% 28,556 14.1%$50,000 - $74,999 24,319 12.9% 31,204 15.4%$75,000 - $99,999 13,123 7.0% 17,390 8.6%$100,000 - $149,999 12,602 6.7% 16,160 8.0%$150,000 - $199,999 5,867 3.1% 7,994 3.9%$200,000+ 8,183 4.4% 9,778 4.8%



0 - 4 23,921 5.7% 24,160 5.4% 25,630 5.4%5 - 9 18,964 4.6% 23,127 5.2% 23,160 4.9%10 - 14 18,004 4.3% 19,453 4.4% 23,263 4.9%15 - 19 20,492 4.9% 19,305 4.4% 20,531 4.3%20 - 24 29,463 7.1% 29,393 6.6% 28,401 6.0%25 - 34 73,801 17.7% 78,877 17.8% 83,943 17.7%35 - 44 64,761 15.6% 66,667 15.0% 69,489 14.6%45 - 54 58,177 14.0% 61,293 13.8% 61,863 13.0%55 - 64 43,762 10.5% 50,381 11.4% 57,689 12.1%65 - 74 32,339 7.8% 36,786 8.3% 43,630 9.2%75 - 84 22,916 5.5% 23,276 5.3% 26,117 5.5%

85+ 9,440 2.3% 10,586 2.4% 11,497 2.4%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 314,687 75.6% 337,139 76.1% 364,496 76.7%Black Alone 65,657 15.8% 66,515 15.0% 68,363 14.4%American Indian Alone 1,293 0.3% 1,604 0.4% 1,929 0.4%Asian Alone 4,962 1.2% 5,886 1.3% 6,848 1.4%Pacific Islander Alone 107 0.0% 120 0.0% 132 0.0%Some Other Race Alone 17,922 4.3% 19,362 4.4% 20,113 4.2%Two or More Races 11,412 2.7% 12,678 2.9% 13,333 2.8%



October 19, 2015




AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t)

3

2.5

2

1.5

1

0.5


20152020


Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K25.6%

$15K - $24K14.7%

$25K - $34K11.3%

$35K - $49K14.4%

$50K - $74K12.9%

$75K - $99K7.0%

$100K - $149K6.7%

$150K - $199K3.1%

$200K+4.4%


Perc

ent

70

60

50

40

30

20

10




October 19, 2015


40




Household Budget Expenditures|1 mileHousehold Budget Expenditures79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 1 mile radius Latitude: 25.76254


Demographic Summary 2015 2020Population 56,584 65,647Households 30,290 35,479Families 12,086 13,880Median Age 35.9 35.8Median Household Income $44,378 $53,336

Spending Potential

Average AmountIndex Spent Total Percent

Total Expenditures 93 $66,480.94 $2,013,707,750 100.0%Food 96 $8,150.77 $246,886,690 12.3%

Food at Home 94 $4,934.72 $149,472,725 7.4%Food Away from Home 98 $3,216.04 $97,413,965 4.8%

Alcoholic Beverages 105 $581.44 $17,611,885 0.9%

Housing 97 $20,784.48 $629,561,754 31.3%Shelter 99 $16,282.24 $493,188,932 24.5%Utilities, Fuel and Public Services 89 $4,502.24 $136,372,821 6.8%

Household Operations 90 $1,664.42 $50,415,400 2.5%Housekeeping Supplies 90 $652.34 $19,759,318 1.0%Household Furnishings and Equipment 91 $1,683.89 $51,005,053 2.5%

Apparel and Services 99 $2,291.90 $69,421,796 3.4%Transportation 91 $9,611.72 $291,138,906 14.5%Travel 87 $1,704.26 $51,622,044 2.6%Health Care 81 $3,846.54 $116,511,838 5.8%Entertainment and Recreation 88 $2,923.21 $88,543,955 4.4%Personal Care Products & Services 94 $739.26 $22,392,256 1.1%Education 100 $1,529.53 $46,329,480 2.3%

Smoking Products 97 $452.62 $13,709,872 0.7%Miscellaneous (1) 92 $1,003.89 $30,407,827 1.5%Support Payments/Cash Contribution/Gifts in Kind 86 $2,146.35 $65,012,803 3.2%Life/Other Insurance 74 $342.25 $10,366,818 0.5%Pensions and Social Security 90 $6,372.07 $193,010,056 9.6%

Data Note: The Spending Potential Index (SPI) is household-based, and represents the amount spent for a product or service relative to a national average of 100. Detail may not sum to totals due to rounding. (1) Miscellaneous includes lotteries, pari-mutuel losses, legal fees, funeral expenses, safe deposit box rentals, checking account/banking service charges, cemetery lots/vaults/maintenance fees, accounting fees, miscellaneous personal services/advertising/fines, finance charges excluding mortgage & vehicle, occupational expenses, expenses for other properties, credit card membership fees, and shopping club membership fees.Source: Esri forecasts for 2015 and 2020; Consumer Spending data are derived from the 2011 and 2012 Consumer Expenditure Surveys, Bureau of Labor Statistics.

October 19, 2015


41




Household Budget Expenditures|3 milesHousehold Budget Expenditures79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 3 mile radius Latitude: 25.76254



Spending Potential


Total Expenditures 72 $51,833.73 $4,604,390,591 100.0%Food 75 $6,423.20 $570,572,578 12.4%



Housing 76 $16,255.36 $1,443,963,428 31.4%Shelter 77 $12,597.30 $1,119,018,386 24.3%Utilities, Fuel and Public Services 72 $3,658.06 $324,945,043 7.1%


Apparel and Services 77 $1,790.88 $159,084,084 3.5%Transportation 72 $7,603.38 $675,408,391 14.7%Travel 66 $1,288.77 $114,481,404 2.5%Health Care 65 $3,064.77 $272,243,178 5.9%Entertainment and Recreation 68 $2,264.49 $201,154,989 4.4%Personal Care Products & Services 74 $576.67 $51,225,540 1.1%Education 73 $1,114.25 $98,978,431 2.1%

Smoking Products 77 $359.16 $31,904,370 0.7%Miscellaneous (1) 72 $781.09 $69,384,200 1.5%Support Payments/Cash Contribution/Gifts in Kind 66 $1,650.40 $146,604,867 3.2%Life/Other Insurance 59 $270.82 $24,056,967 0.5%Pensions and Social Security 68 $4,854.17 $431,196,297 9.4%


October 19, 2015


42




Household Budget Expenditures|5 milesHousehold Budget Expenditures79 SW 12th St, Miami, Florida, 33130 Prepared by EsriRing: 5 mile radius Latitude: 25.76254



Spending Potential


Total Expenditures 76 $54,347.85 $10,212,451,057 100.0%Food 79 $6,694.04 $1,257,870,333 12.3%



Housing 79 $17,036.69 $3,201,347,573 31.3%Shelter 80 $13,207.61 $2,481,827,888 24.3%Utilities, Fuel and Public Services 76 $3,829.09 $719,519,685 7.0%


Apparel and Services 80 $1,862.69 $350,017,076 3.4%Transportation 75 $7,924.67 $1,489,116,770 14.6%Travel 70 $1,368.10 $257,078,200 2.5%Health Care 69 $3,249.93 $610,691,864 6.0%Entertainment and Recreation 72 $2,386.25 $448,397,294 4.4%Personal Care Products & Services 77 $602.49 $113,213,695 1.1%Education 77 $1,175.83 $220,948,228 2.2%

Smoking Products 80 $372.82 $70,055,529 0.7%Miscellaneous (1) 76 $827.17 $155,433,432 1.5%Support Payments/Cash Contribution/Gifts in Kind 70 $1,748.82 $328,618,928 3.2%Life/Other Insurance 63 $288.86 $54,279,023 0.5%Pensions and Social Security 72 $5,102.61 $958,826,577 9.4%


October 19, 2015


43




Confidential Memorandum

The information contained in this offering materi-al (“Brochure”) is confidential, furnished solely for the purpose of a review by a prospective pur-chaser of (the “Property”) and is not to be used for any other purpose or made available to any other person without the express written consent of Fortune International Realty (“Broker”). The material is based in part upon information sup-plied by the Owner and in part upon information obtained by Broker from sources it deems rea-sonably reliable. Summaries of any documents are not intended to be comprehensive or all-in-clusive, but rather only an outline of some of the provisions contained therein. No warranty or rep-resentation, expressed or implied, is made by Owner, Broker or any of their respective affiliates, as to the accuracy or completeness of the infor-mation contained herein or as to engineering or environmental matters, to determine the condi-tion of the Property and the existence of any po-tentially hazardous material located at the site. This Brochure was prepared by Broker and has been reviewed by Owner. It contained selected information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information which as prospective purchaser may desire. Graphics are only a representation of property feature, are not to scale and subject to change. All financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, competition, and other factors be-yond out control and, therefore, are subject to material change or variation.

DisclaimerAn opportunity to inspect the Property will be made available to qualified prospective pur-chasers. In this Brochure, certain documents, in-cluding leases and other materials, are de-scribed in summary form. The summaries do not purport to be complete or accurate descriptions of the full agreements involved, or do they con-stitute a legal analysis of such documents. Inter-ested parties are expected to independently review all documents. This Brochure is subject to prior placement errors, omissions, changes or withdrawal without notice and does not consti-tute a recommendation, endorsement or ad-vice as to the value of the Property by Broker or the Owner. Each prospective purchaser is to rely upon its own investigation, evaluation and judgement as to the advisability of purchasing the Property described herein. Owner and Bro-ker expressly reserve the right, at their sole discre-tion, to reject any or all expressions of interest or offer to purchase the Property and/or to termi-nate discussions with any party at any time with or without notice. Owner shall have no legal commitment or obligation to any purchaser re-viewing this Brochure or making an offer to pur-chase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Owner and any conditions to Owner’s obliga-tions thereunder have been satisfied or waived. Broker is not authorized to make any representa-tions or agreements on behalf of Owner. This Bro-chure is the property of Broker and may be used only by parties approved by Broker and Owner. The Property is privately offered and, by accept-ing this Brochure, the

party in possession hereof agrees (i) to return it to Broker immediately upon request of Broker or Owner and (ii) that this Brochure and its con-tents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Brochure may be copied or other-wise reproduced or disclosed to anyone without the prior written authorization of Broker and Owner. The terms and conditions set forth above apply to this Brochure in its entirety.

DISCLAIMER: This Document is being furnished to the recipient exclusively for the recipient’s own use and convenience. It is the responsibility of the recipient to assure itself that the information contained herein is accurate and complete. Any reliance on the contents shall be solely at the re-cipients own risk. This document being provided to the recipient without any warranty or repre-sentation of any kind or nature, express or im-plied, as to its content, its suitability for any pur-pose, its accuracy, veracity or completeness. As a cushion for the potential buyer please consult a CPA or attorney before signing any agreement to this particular offer. COURTESY: Obtain a clear-ance before signing any document. Fortune In-ternational Realty expressly reserves the right at its sole discretion to reject any or all offers for the property and to terminate discussion with any party at any time with or without notice.

NOTE: Please review the above information. If you send an offer or have a question, please via

email at [email protected]

Confidential Memorandum

44




About The Company

Commercial Division

The Commercial Division was created to offer specific advice and service to sophisticated cli-ents, searching for a deep understanding of real estate businesses. Fortune International Realty provides a complete range of commercial real estate brokerage services – including owner and tenant leasing, acquisition and sales, marketing and consulting – to owners, investors and lessees of all property types.

Services to sellers/owners/tenants

Fortune’s broad market knowledge can help create value. If you are pursuing the sale of your real estate property or interested in maximizing returns during ownership, our extensive local market experience and property-type expertise enable us to advise owners on accurate market pricing, property positioning and creating long-term investment strategies that support wealth increase and preservation. At Fortune we have access to an international pool of investors and direct buyers.

We specialize in Sale / lease of existing property, Sale-leaseback option, Land acquisition, Buy ver-sus lease analysis, Property availability studies, Property assessments, Comparative market anal-ysis, Financial analysis, Demographic analysis, Competition analysis, Marketing plan according to market conditions, Presentation package, Media placement, Mailing and Network to mar-ket players, 1031 Exchange terms

Services to buyers

Fortune International Realty executives are quali-fied to guide investors bringing a thorough ac-quisition strategy by evaluating and analyzing markets, property types and local neighbor-hoods that are best suited to serve each inves-tor’s needs. The business and market expertise of our agents is combined with broad database and research capabilities. We provide our clients and our people with the tools they need to an-ticipate opportunities, seize competitive advan-

About the Company

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