The Astor Companies is pleased to offer a unique sale-leaseback investment opportunity of 3 residential condominium units (#505, #509, #536) with an avg. CAP rate of 5.53%. Merrick Manor is located in the highly desirable suburb of Coral Gables, a prestigious area that is home to the University of Miami, a substantial employment base, many cultural and entertainment amenities and a rapidly growing residential population. Developer will lease back any unit for two years. Developer will pay two years of the HOA and real estate taxes at closing, and will also manage the properties free of charge for two years.