390 E 16th St | Hialeah, FL 33010
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- LoopNet Team
390 E 16th St
Hialeah, FL 33010
Hialeah Park Apartments · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Prime East Hialeah Location Just South of Hialeah Park Casino
- Building is Zoned B-2 Commercial and Has a Short-Term Rental License
- Low Operating Expenses and Price Point
- Many Capital Improvements Completed Under Current Ownership
- Almost 7 Percent Pro-Forma Cap Rate
PROPERTY FACTS
| No. Units | 6 | Building Size | 1,875 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1953 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.15 AC | ||
| Zoning | B-1 - Multi Family | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 1,875 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Tenancy | Single |
| Zoning | B-1 - Multi Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | $1,210 | 275 |
| 2+1 | 1 | $2,400 | 500 |
PROPERTY TAXES
| Parcel Number | 04-3118-003-4600 | Improvements Assessment | $454,950 |
| Land Assessment | $371,250 | Total Assessment | $826,200 |
PROPERTY TAXES
Parcel Number
04-3118-003-4600
Land Assessment
$371,250
Improvements Assessment
$454,950
Total Assessment
$826,200
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