The Lola

The property sits in Allapattah, one of the last genuinely affordable and rapidly transitioning submarkets in Miami's urban core. The Miami Health District is less than a 10-minute walk from the front door, home to Jackson Memorial Hospital, the University of Miami Miller School of Medicine, and the Miami VA Medical Center. Collectively, these institutions employ tens of thousands of nurses, residents, technicians, and administrative staff, and enroll thousands of graduate and medical students, all of whom need housing within the area. These prospective tenants that are also essential workers are more resistant to a downturn in the economy. River Landing Shops and Residences, the mixed-use retail and grocery anchor of the neighborhood, is just 0.6 miles away and houses staple tenants such as Public, Chick-Fil-A, Chase Bank, Burlington, Five Below, Old Navy, Pet Supermarket, Ross, TJ Maxx, and Ulta Beauty. Also walking distance from the Lola is the UHealth-Jackson MetroRail and Bus Stations, making this a true transit-oriented community. LoanDepot park, home of the Miami Marlins, is one mile away. The world-famous art and entertainment district, Wynwood, is 2.1 miles, the Miami Design District is 3.4 miles, and Downtown Miami and Brickell are 3.9 miles from the property. The Shops at Midtown Miami are 4.2 miles away, Miami International Airport is 5 miles, and the beaches of Miami Beach are a 6.3-mile drive. Connectivity is a defining strength of the location. The Dolphin Expressway (SR-836) is less than a mile away and I-95 is under two miles, giving residents of The Lola immediate proximity to highways that access all of Miami-Dade and Broward counties.MSP Group is pleased to present The Lola Apartments, a 2025-built multifamily asset offering 20 units across three stories on a 7,150 square foot (0.16 acre) lot. The building totals 14,879 gross square feet with 10,246 square feet of net rentable space, and features a well-balanced unit mix: (5) studios at 410 square feet, (4) one-bedroom/one-bath units at 410 square feet, (5) one-bedroom/one-bath units at 531 square feet, and (6) two-bedroom/one-bath units at 650 square feet. Every unit has been outfitted with modern touches such as new white shaker cabinetry, quartz countertops, stainless steel appliance packages, wood-style vinyl plank flooring, full bathtubs, and spacious walk-in closets in select units. In the corner units, floor-to-ceiling glass sliding doors open to private balconies, filling the space with natural light and giving the building a clean, contemporary presence. Select units are served by central air conditioning, with the balance served by efficient mini-split systems. The property is individually metered for electric and is fully handicap accessible via a wheelchair lift, expanding the tenant pool and satisfying accessibility requirements. For an investor, the appeal is simple: 2025 vintage construction, minimal deferred maintenance and capital expenditure shouldn't be necessary for some time, and a new-construction insurance profile. This is a true cashflow from day-one, management-light asset in one of Miami's most supply-constrained rental corridors.