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400 E 29th St
Hialeah, FL 33013
Hialeah IIII Portfolio · Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 2,369 SF
No. Stories 1
Year Built 1953
Zoning R-3

ABOUT 400 E 29TH ST , HIALEAH, FL 33013

Jorge Ruiz is pleased to present a five-unit apartment building consisting of three efficiency units, two one-bedroom/one-bathroom and one two-bedroom/one-bathroom units. The concrete block construction was built in 1953, with painted stucco exterior walls and a pitched wooden roof. This property must be sold as part of a 38-unit portfolio which consist of a unit-mix of nineteen one-bedroom/ one-bathroom, eighteen studios and one two-bedroom/ one-bathroom. The current combined net operating income for all four buildings is $185,755 for a total purchase price of $3,537,500. The potential pro forma NOI moving rent up to market could be $246,922

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-3108-001-3790
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$637,444
  • Listing ID: 4792662

  • Date on Market: 11/2/2016

  • Last Updated:

  • Address: 400 E 29th St, Hialeah, FL 33013

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